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Name: |
MartiniMan
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Subject: |
You think the Fed's 50 bp drop was good news?
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Date:
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9/23/2024 8:12:35 AM
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You would be wrong. Recall the last time they dropped the rate by that much? I do......it was right before the 2008 real estate crash. Methinks the Fed once again overshot on the rate raising and was late in easing. Me also thinks the Fed has looked at the economic data and is getting very worried about a recession and for good reason.
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phil
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Subject: |
You think the Fed's 50 bp drop was good news?
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Date:
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9/23/2024 9:03:32 AM
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The other optioin is that the think Trump may overcome the cheating and win again - and want to crash the economy when he takes over so on day 1 they can say it tanked because of Trump getting elected.
I would not put it past them.
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