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Real Vision: Finance & Investing

Was the Rate Cut Enough? ft. George Goncalves

Oct 1, 2024
Join George Goncalves, head of U.S. macro strategy at MUFG, as he dissects the Federal Reserve's recent rate cut and its implications on the economy. He discusses the challenges the Fed faces in achieving a soft landing amidst a cooling labor market and why he believes further cuts might be essential. The conversation also touches on the credit struggles of small to medium enterprises compared to larger corporations, and the perplexing disconnect between equity markets and economic indicators, revealing insights into navigating financial uncertainties.
01:06:27

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Quick takeaways

  • The Federal Reserve's significant rate cut reflects a proactive strategy to address emerging economic slowdowns amidst cooling labor market indicators.
  • Small and medium-sized enterprises are experiencing financial strain due to rising borrowing costs, which impairs their growth and job creation capabilities.

Deep dives

Innovative Investment in Silver Bonds

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