Instant Reaction: Jerome Powell Defends 50 Point Rate Cut

The discussion kicks off with the Federal Reserve's bold 50-basis-point rate cut and its ripple effects on equity markets. Highlights include the Fed's struggle to communicate policy shifts and maintain economic confidence. Experts analyze the unexpected impact on the bond market, revealing contrasts between projections and reality. There's a deep dive into the repercussions for small-cap stocks and the classic 60-40 investment strategy, navigating challenges like inflation and volatility. The conversation closes with a reflection on dissent within the Fed and its implications for future policies.