rate cuts now pushed out to December LOL

    Posted by matt on 25th of Apr 2024 at 10:07 am

    they are now saying maybe one cut in Dec LOL

    it was so obvious those 3 or 4 rate cuts would be walked back, seen that coming a mile away 

    CNBC clueless as usual. They

    Posted by DigiNomad on 25th of Apr 2024 at 10:14 am

    CNBC clueless as usual. They can't figure out why some numbers look so strong but others signal a weak economy. They refuse to look at anything through the most logical filters because it's "political." I mean just state the obvious - the Gov is spending more than ever in history and our border is being flooded with low cost labor like never in history and then work from that baseline forward. A lot of the questions they're asking this morning suddenly have obvious answers. Sometimes you have to say things that make your party potentially look bad if you want to be a financial journalist. But they self censor instead - everyone in the finance world suffers if we can't talk about the actual causes when we have problems.  

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