dobig
Recycles dryer sheets
Well, that is exactly the Fed playbook for a faltering economy.
But not sure how a 25 bp cut after 500 bp of rises creates an inflation problem .
You'll have to give me some slack here as I'm pretty green. What I've been seeing is equities rally at even the slightest hint of any economic indicator signaling a lowering of inflation and the hopeful Fed pivot. It would seem once we actually pivot and start seeing the Fed reverse course and lower rates, that whole, "don't fight the Fed" mantra will come back in full force. Equities will rally, everyone will cheer and prices will start pushing back up.
Anyways, that's what my untrained eyes see.