|
I looked for this thread Thursday, Friday and again this morning. Thought by now someone else would have brought it up to the top.
Soft landing narrative died last week; some say recession is here but not in the data yet. Just in time for the election? That can’t be allowed!!
As usual, Fed is too late and will have to play catch-up. Should cut rates now but an emergency cut will be a very negative signal; so likely wait until next month and maybe cut deeper (especially if things haven’t settled).
Sell offs are always interesting. I wish I could call the bottom so I’d know when to buy.
|