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$OCBC Bank (O39.SG)$ look at the historical, stock always co...
$OCBC Bank (O39.SG)$ look at the historical, stock always comes down when fed starts to cut rates. why? coz fed look at real time data. when real time data shows the economy is cooling, then they react, by that time it's too late..defaults, consumer spending will continue to come crashing down. I don't think Powell is a genius compared to the so many past US fed.
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ManyMnyHom : Don’t dip already. We need more up back haha
101778471 OP : if you think rate cut is imminent, buy gold. it's a no brainer.
friend688 : Powell recent video interview, given NO hint of rate cut- - YouTube
WinningTrader : i would like to put in another way. The "real time" data are actually lagging indicators and to you point, already too late to act. Ended like fire fighting, just like they increase rate too late previously.