⚡️🚨 NEW - Bob Michele of JPMorgan says the Federal Reserve may have to cut interest rates before the next meeting, scheduled for May.
Discussion
No they won't. Active managers should ACTIVELY MANAGE.
No wonder everyone underperforms passive indeces. You should WELCOME volatility, that's why you have a job you dumb fucks..
Huh?
The federal reserve should not prioritise the stock price of the mag seven over the wellbeing of the majority of Americans.
Although I think they should align the FED funds rate closer to what the markets are pricing treasury yields. But not because of stock markets. And not in an emergency. It needs to be telegraphed and we'll articulated, as I'm sure it will be.
Zombie economies.
bob loves it
