r/wallstreetbets • u/abishop717 • 1d ago

Discussion 5 rate cuts 😮

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2.3k Upvotes

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425

u/Emilio___Molestevez 1d ago

JPow is neither obligated nor inclined to clean up Don's mess. $SPY going under $500 after he talks.

64

u/Various_Car8779 1d ago

He's obligated to step in when unemployment spikes

1

u/EverythingGoodWas 1d ago

Jump in hobs data kills this argument

3

u/Various_Car8779 1d ago

Backwards looking data. Market is pricing in a forward looking jobs bloodbath

-2

u/daeger 1d ago

Just because the market is pricing it in doesn’t mean it’ll happen. An unemployment spike seems overblown

3

u/Im_tracer_bullet 1d ago

Seems like you're watching a different show than everyone else.

1

u/daeger 1d ago

Maybe, but my feeling is the tariffs will impact inflation and ruin profit margins for import/export heavy companies. A lot of the US economy is service-based, and will only get a glancing blow. I think we’ll see a rise, but not up to 7-9% or “bloodbath” territory.