by Patrick ➕follow (60) 💰tip ignore
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Fed cut by 50 bps. The only reason to do this is to try to temper the cost of servicing the deficit
They could have done a 25pt token cut, but no.
The Fed has outright shown it is just another partisan captured institution.
They could have done a 25pt token cut, but no.
The Fed has outright shown it is just another partisan captured institution.
Nope, it was a sell the news situation to freak out the retail traders to try and get them to sell. The Big Boys bought back in during the overnight futures markets.
Markets manipulated...heaven forbid
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