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Vale Tudo
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Comments by "Vale Tudo" (@valetudo1569) on "There's a 50/50 chance the data will give the Fed permission to cut rates, says Roger Ferguson" video.
Thats what I don't get... from what I can tell - the data wasn't bad, but it wasn't "good" either. So people predicting cuts in September - wouldn't inflation just go right back up from where its at now? Wouldn't that simply put us even further from where the fed wants us to eventually be? I don't get the logic...unless we were sub 3% and quickly going down towards the 2% goal, I don't see why they would be in any rush.
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calling the market optimistic is the most charitable way to say it... they've been down right delusional. I remember last Summer when so many people were saying 5 rate cuts by the end of 2023... almost a year later and with a bit is "ok" data - they are back at it
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Lol its kinda why they said "you've been right this whole time" because he hasn't really taken a side and leaned more on the "wait and see", which compared to this delusional market - means he's been right
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Seriously... I see people jumping all over "rate cuts in September!" just because we got some ok data
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