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I was wrong. The FED DID lower rates by 0.25.

I honestly didn't think they'd do it after last week's disaster of an employment report and the multiple downward employment revisions of the previous 2 months.

Money printer gonna go brrr like a mf'er.

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cuban 1y ago

Out of curiosity what is the logic that led to no rate cut in your scenario?

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Discussion

Nunya Bidness 1y ago

Disaster employment reports.

cuban 1y ago

right, I guess I read that as bad employment would be good for more rate cuts? not being a pain just trying to follow

Nunya Bidness 1y ago

No one can afford to hire and cutting rates so businesses can borrow yet more is a game for fools now that so many loans became huge burdens when rates went higher. Fool me once sort of thing.

cuban 1y ago

Got it, thanks