The stock market, modern day CEOs and American business in general literally cannot survive without near 0 rates. They have all become drunk and incompetent after a decade of it.
The worse part is, we are all super fucked because none of us can stop it and they are taking those loans against our future to pay for their yachts now.
We’ve been fine for the last few years on non-zero rates. The only difference is not every dumbass tech ideas get funded which I’d argue is a good thing. What CEOs can’t adapt to is all this wishy washy back and forth trade policy.
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u/Rrrrandle 23h ago
The feds job isn't to save the stock market, it's to keep inflation and unemployment low. Lowering rates now does nothing for either.