r/wallstreetbets 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

122

u/Shot-Maximum- 1d ago

But what do you do when unemployment is high and inflation is high at the same time?

16

u/Various_Car8779 1d ago

Market believes fed will choose to deal with unemployment/growth. The fed doesn't think a wage price spiral is possible and neither do I. Workers can't bargain without unions

8

u/Thebusinessman343 1d ago

Divided we beg united we bargain.