Well said. Also, as I recall, recessions don't usually begin until the Fed starts cutting rates, oddly enough. Ray Dalio and others have also pointed out that we are at the confluence of three major economic cycle inflection points. Not to mention a Federal deficit that is nearing toxic levels relative to GDP. Could be some crazy times ahead.
Thanks! Yes, and we should have a good idea about when they’ll cut rates Q4 this year. Lot’s of macro issues to be concerned about, when they manifest as problems is a different story! I doubt the federal debt will be an issue this cycle, but they’ll for sure make it worse.
Well said. Also, as I recall, recessions don't usually begin until the Fed starts cutting rates, oddly enough. Ray Dalio and others have also pointed out that we are at the confluence of three major economic cycle inflection points. Not to mention a Federal deficit that is nearing toxic levels relative to GDP. Could be some crazy times ahead.
Thanks! Yes, and we should have a good idea about when they’ll cut rates Q4 this year. Lot’s of macro issues to be concerned about, when they manifest as problems is a different story! I doubt the federal debt will be an issue this cycle, but they’ll for sure make it worse.