Buddy, the market has been in free fall since mid-February and the Fed hasn't blinked. Daddy JPow does not give a fuck about your equities. I promise you.
You will hear "cuts any day now" blaring EVERYWHERE just like you have been hearing for eighteen months. They aren't coming. And a lot of people are going to get fucked up believing they are. There's a vested interest in keeping folks spending and borrowing and rate cuts provide that carrot.
Like every single time but way worse this go around due to all the moral hazard waiting for a match that appears to be lit.
I'm a regard but if you're already invested probably just hold. With inflation cash will become more worthless anyways. With prices down might as well hold and try to ride out the probably upcoming recession. Wouldn't recommend "buying the dip" though. EU is still holding off measures for now, and if Trump's serious about this current loss is just the beginning. Gold is generally a good hedge against inflation and deflation.
10% from the whole time peak is something, but not extremely alarming…..and I agree with you, his mandate is not to deal with “your” equity loss, however, if this fall will touch the consumptions (most likely) and the unemployment rate (somehow last Q was incredible) daddy JPow will do something.
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u/wasifaiboply 21h ago
Buddy, the market has been in free fall since mid-February and the Fed hasn't blinked. Daddy JPow does not give a fuck about your equities. I promise you.
You will hear "cuts any day now" blaring EVERYWHERE just like you have been hearing for eighteen months. They aren't coming. And a lot of people are going to get fucked up believing they are. There's a vested interest in keeping folks spending and borrowing and rate cuts provide that carrot.
Like every single time but way worse this go around due to all the moral hazard waiting for a match that appears to be lit.