Hike and Pause: What the Fed Decision Means for You
Real Vision: Finance & Investing
00:00
The Fed's Statement on Rate Cuts
As soon as Powell started to speak, you basically saw the initial dovish reaction to the announcement get unwound. Oil, gasoline, none of those things really budged. And then after Powell stopped talking, the press conference ended, it's like we immediately started pricing all that back in. Mike is the market mispricing or misjudging the Fed.
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