It is, after all, only common sense to realize that, but for the fact that economic life is a process of incessant internal change, the business cycle, as we know it, would not exist – Joseph A.
There certainly seems to be some cognitive dissonance in the markets, with the strong belief in an ongoing equity rally along with bonds, along side weakening economic activity. after all, why would the Fed cut if the economy remains strong and can seemingly handle the current level of rates? it definitely feels like something is going to break pretty soon
There certainly seems to be some cognitive dissonance in the markets, with the strong belief in an ongoing equity rally along with bonds, along side weakening economic activity. after all, why would the Fed cut if the economy remains strong and can seemingly handle the current level of rates? it definitely feels like something is going to break pretty soon