Loading ...So they say jobs are good but nevermind businesses are shutting down, borders are open, there starting wars, we’re gonna have a soft landing and the stock market is doing good because of tec and AI which may have its biggest gains behind them for now except maybe a few may hang in there and they’re expecting the Fed to lower interest rates.
If everything is sunshine and lollypops for the rich anyways why would the Fed want to lower interest rates when inflation is still lingering? Its not just lingering for the majority of the economy while they were being robbed by wall street and the worst WH administration in the history of this country now starting wars and increasing the debt no one looks at only the market that rips them off too like Blackrocks.
I could only think of one reason they would lower interest according to there assessment on how good things are going without asking the people like Gaben who found out the hard way by stepping out of his bubble, is to help the banks with the repos not the people.
On the other hand if the Fed holds the interest rates which he should or invite more inflation the banks are gonna have to pay more for their debt.
The market will then do what, maybe go sideways less they come up with something or maybe tell them next time to keep it going so maybe the banks can get short term higher rates and then lower them a bit but still be under water.
It all seems a quagmire to moi.