- If the FedRes cuts more than 0.25% this Wed/Thurs, it will confirm the feedback that something is broken badly and we are close to collapse. Both the FedRes and ECB have indicated that QT is over, policy will be easier … and possibly reverting to QE. Anyone who seriously thinks the economy and financial system are sound is delusional. The stock market is a manipulated fraud.
- Kitco NEWS Published on Jul 29, 2019
The Federal Reserve is expected to cut rates for the first time since 2008 at this week’s meeting but is likely to pause the rate cut cycle after that, this according to Peter Boockvar, CIO of Bleakley Advisory Group. “It’s usually not just one cut, it’s usually the beginning of a rate cutting cycle, and they’re hoping for more, but I don’t think the Fed is initially going to give the market any tilt in that direction just yet,” Boockvar told Kitco News.