The Feds are meeting next week. The word I heard yesterday was that they are expected to cut interest rates another 1/4%! A total of 1% slash in less than ten days.
Not sure why these drastic measures were necessary, assuming the Feds are the protectors of inflation/recession. Were they asleep? Or novices?
What to do about all this? I have little idea except we are not changing our holdings.
Gripping the armrests and staying strapped in.
'til later
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