QQQ - The Fed Can't Stop A Recession
2024-06-12 13:29:51 ET
Summary
- The Federal Reserve is keeping rates unchanged, but cuts are expected later in the year.
- Early signs of the US economy slowing down, including rising unemployment and weakening credit markets.
- History suggests the Fed may not be able to prevent recession, but can impact market performance.
Thesis Summary
The Federal Reserve has decided to keep rates unchanged, but most agree that cuts are coming later this year.
All this, as we begin to see early signs that the US economy is slowing down. Powell has been clear that they are happy to cut as soon as they see weakness....
The Fed Can't Stop A Recession