ChrisLAS on Nostr: This is only the third time in recent history that the Fed has started rate cuts with ...
This is only the third time in recent history that the Fed has started rate cuts with a 50 bps cut. The previous two times, the economy crashed.
I'm leaning towards a dip at best and acknowledging a recession at worst.
I don't know about you - but I always plan for maximum pain and hope for the best. So even with all the rate cut hype, it's wise to brace for the worst - at least short-term.
It will all come down to the jobs reports, but it may not be what you expect.
I try and make my case in This Week in Bitcoin: https://www.thisweekinbitcoin.show/episodepage/rate-cuts-like-your-job-depends-on-it
I'm leaning towards a dip at best and acknowledging a recession at worst.
I don't know about you - but I always plan for maximum pain and hope for the best. So even with all the rate cut hype, it's wise to brace for the worst - at least short-term.
It will all come down to the jobs reports, but it may not be what you expect.
I try and make my case in This Week in Bitcoin: https://www.thisweekinbitcoin.show/episodepage/rate-cuts-like-your-job-depends-on-it