To way too many Americans and other workers, this is already a recession of opportunity. Without the major statics yet to show it, mainstream commentary has mocked their plight as a "vibe-cession." Now the data is beginning to more clearly align with the recession "vibe", suddenly even authorities are starting to worry so out comes the rate cuts. As Steve says, that's not what you want.
Eurodollar University's conversations w/Steve Van Metre
EURODOLLAR UNIVERSITY'S LIVESTREAM NEXT TUESDAY, 7/23 btw 6 - 8 pm ET
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Bloomberg Goolsbee Says Fed Risks ‘Golden Path’ If It Doesn’t Cut Soon
https://www.bloomberg.com/news/articles/2024-07-18/goolsbee-says-fed-risks-golden-path-if-it-doesn-t-cut-soon
https://www.eurodollar.university
Twitter: https://twitter.com/JeffSnider_EDU