The Fed Lowers Rates And What It Could Mean
The Fed, not surprisingly, dropped the Fed Funds rate .25% This was expect by the market.
In this video I discuss what it could mean and look at the 10 year for some indications on what is going on.
▶️ 3Speak
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The United States is the best-looking horse in the glue factory.
That about sums it up. It is the main advantage the US has. When people talk about the demise, they focus upon the US. That will be later down the line.
Japan or the EU are likely first in line.
Sadly, i was expecting a .50% or even a 0.75% cut! I think the fed wants to control a little more the hype around markets at the moment..only my opinion of course :)
It's really interesting how the US Fed's rate cuts affect other countries. The Philippine stock market was anticipating the rate cut and has been going up. We were hoping for 0.5 but this is still fine.
Good work, Boss
It looks like the amount of the cut still hasn't been announced.
Where did you get 25 basis points from?
The economy is on the verge of a recession, if they do not make cuts today things will get ugly.