"The longer the FED waited to cut rates
The higher the chances of something breaking"
"EL-Erian Muhammad "(former CEO of PIMCO)
* Now this is the thing that should lead to market selloff so strongly and there is a red light on fundamentals, technicals, and policy.
* FED had waited so long for a rate cut but they didn't and now they've perceived to play catch up on an "intermediate cut "
*This will lead to panic in the market and now the fear and greed index is 17 which means Extreme fear in the market 35% of the recession will have happened not dominant, but a fat tail economy is coming.
#RecessionOrDip? #MarketDownturn