MacroVoices #380 Jim Bianco: FOMC to China to Dollar to AI
Macro Voices
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The Fed's Doomish Pivot
The only time the Fed starts cutting rates is when everything's going to hell and they're panicking. That's not a good environment to own stocks or risk assets in general. The stock market, well, that's a difficult one to say because as you probably know, this is in a highly concentrated rally.
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