To temper expectations that interest rate cuts will lead to the next bull market.. we need to be careful bcos the Fed has said they will not cut unless inflation rate drops to 2%.. and they dont any strong reasons to cut when the economy is still strong.. moreover, the Fed needs to keep the rates high so any unforeseen crisis, they have levers to lower.. in short, even when cuts were to happen in 2025.. these wont be drastic cuts and we will not see the rates below 2% only and unless the next economic crisis happens and unemployment rises..
Somehow i am impressed by optimism of the sales people about the housing market. It is very obvious jerome powell said that his intention goes with how inflation happens and rates wont get cut by Fed this year and probably 1st quarter of 2025. Inflation dont touch 2% range, there is lesser probablity of cutting it. His name is really pronounced as jerome “power”. You can check it up so the bigger size guy did not pronounce his name wrongly. The rest of the panel gets his name pronounced wrongly.
So many precious nuggets to digest in this one episode: need to rewatch, so as not to miss something important.
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Many good insight of the insights...enjoyed this episode so much
Hi there! 😊
Thank you for watching our content. Feel free to check us out on our NOTG community telegram channel t.me/notgpod
Cheers!
To temper expectations that interest rate cuts will lead to the next bull market.. we need to be careful bcos the Fed has said they will not cut unless inflation rate drops to 2%.. and they dont any strong reasons to cut when the economy is still strong.. moreover, the Fed needs to keep the rates high so any unforeseen crisis, they have levers to lower.. in short, even when cuts were to happen in 2025.. these wont be drastic cuts and we will not see the rates below 2% only and unless the next economic crisis happens and unemployment rises..
Haha confidence win everything, once it sound logical the rest of the oral will be given a high point.
Somehow i am impressed by optimism of the sales people about the housing market. It is very obvious jerome powell said that his intention goes with how inflation happens and rates wont get cut by Fed this year and probably 1st quarter of 2025. Inflation dont touch 2% range, there is lesser probablity of cutting it.
His name is really pronounced as jerome “power”. You can check it up so the bigger size guy did not pronounce his name wrongly. The rest of the panel gets his name pronounced wrongly.