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Dumb and Dumber
Scott Bessent says the Fed needs to cut rates.
He'd know. He and a "Tariff Man" are hard at working
Well said. This is a ship of fools….
Bessent and Hassett are following trump’s order and setting Trump up to fire Powell b/c of “incompetence” and a “national emergency” that–wait for it–Powell caused.
You have it nailed> Now? Does a rate cut help equities? Yes / no? My guess is no after 2 weeks. Does it help anything? Another no from me, but…