Ahhh gotta love the enthusiasm and the hype behind the possibilities of investors hoping and praying for rate cuts.....most expectations are for rate cuts in the first quarter of 2024, too hilarious. Rate cuts are not happening as quick and as aggressively as most want them to.....I say take the rates to 7, 8 9 10% I'll gladly take risk free returns on my money in a nice interest bearing money market account...these fools should quit crying about rate cuts and deal with it...we had 0% for far too long and this is why we are in the situation we are now.
But on second thought I hope they cut rates to 2% so that inflation comes roaring back and the fed comes out using the word transitory once again only to be fooled into raising rates back up to 5%....oh would this be an absolute pleasure of a scenario!!!
https://www.cnbc.com/2023/11/15/the...ill-come-down-a-lot-it-could-be-let-down.html
But on second thought I hope they cut rates to 2% so that inflation comes roaring back and the fed comes out using the word transitory once again only to be fooled into raising rates back up to 5%....oh would this be an absolute pleasure of a scenario!!!
https://www.cnbc.com/2023/11/15/the...ill-come-down-a-lot-it-could-be-let-down.html