50 Basis Points Rate Cut
We're so back!
Blair Olive
Stealth
2 months ago
Historically, markets have encountered trouble whenever rate cuts occurred. The period from 2015 to 2019 was the only instance in the last 30 years when markets rose during rate cuts. It may not happen immediately but we might see the effects 3-4 months down the line possibly after the U.S. elections. We are likely to experience either a price or time correction, which is due anyway.
Aaron Carmden
Stealth
2 months ago
Let the market correct for a while, at least the job market will start to get better and we can leave layoffs behind us for a few years till something screws over the job market again
See more comments
See more comments
See more comments
As a layman, what does it actually mean? Is it a good sign for the economy? Or bad?
Karilyn Olive
Stealth
2 months ago
Technically, it should be a good sign because more money could be poured into the economy. However it is usually more nuanced than this and the right pace for rate cuts is also needed among other factors for the economy to flourish. This is a huge topic and I'm no economist so I wouldn't want to guarantee anything. I'm glad they're finally addressing the awful job market and hurting economy.
Jordon Lee
Stealth
2 months ago
Recession is closeby
Jordon Lee
Stealth
2 months ago
What makes you say that? We technically might get a recession but that will just be because of lagging data. Economic conditions are just going to improve, especially the shitty job market.
Kalan Olive
Stealth
2 months ago
The fed cut a similar amount to respond to the housing crisis back in 2007. They are just doing things which they can foresee.
See more comments
Dezi Lee
Stealth
2 months ago
No, 50 basis points.
https://share.gvine.app/7Rrcx17kUddJ3ZAg6
We made a post about this, for anybody who wants more context :)
Kendall Everett
Stealth
2 months ago
Good post!
Even grapevine doesn't pay to interns. Grapevine has a lot of posts about unpaid interns
Discover More
Curated from across
Personal Finance on
by Kalan Everett
Gojek
What do we think? JPow with the rate cuts is going to get us some nice returns hopefully 🤞
India's Nifty 50 and Sensex are on course to log the longest joint weekly winning streak in nearly six years
https://in.tradingview.com/news/reuters.com,2023:newsml_L4N3DA1AI:0-powell-s-rate-remarks-a-christmas-gift-to-global-markets-jefferies-chris-wood/
News Discussion on
by Karilyn Vernon
Second big funding announcement for today, we are so back!
This funding will enable Kiwi to further expand its ‘credit cards on UPI’ offerings in India.
https://www.livemint.com/companies/start-ups/fintech-startup-kiwi-raises-13mn-in-series-a-led-by-omidyar-11700546293991.html
