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Finance U: Fed Cuts Rates with Stock and Home Prices at ATHs!
Manage episode 441086596 series 21002
The “apolitical” Fed cut rates by an emergency amount just 6 weeks before a major and contentious election thereby rewarding incumbents. As always, they did this even though it will reward existing asset owners and punish the young who are starting out in life. It’s just who they are, to their bones.
535 episode
Manage episode 441086596 series 21002
The “apolitical” Fed cut rates by an emergency amount just 6 weeks before a major and contentious election thereby rewarding incumbents. As always, they did this even though it will reward existing asset owners and punish the young who are starting out in life. It’s just who they are, to their bones.
535 episode
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