You are all wrong!!!
FOMC - FEDERAL RATE = 5% (EXPECT 5.25% / PREVIOUSLY 5.5%)
Lowered by 50 basis points!
Heh. Honestly, I didn't believe that there would be such a sharp rate cut.
Why do the gray masses think that a rate cut is Good? According to statistics, all global crises occurred when the rate was lowered ))) it is lowered only because I understand that the economy has cooled down enough and is already in the ass
Here is an example from 2007 for clarity
— The first rate cut by the Federal Reserve
- September 18, 2007
- September 18, 2024
— US inflation rate
- September 2007: 2.5
- September 2024: 2.5
— US unemployment rate
- September 2007: 4.7
- September 2024: 4.2
— US economic activity
- September 2007: 100.4
- September 2024: 100.4
— US new housing starts
- September 2007: 1.238
- September 2024: 1.235
— US Existing Home Sales
- September 2007: 4.5 million
- September 2024: 3.95 million
In general, I don't think we should expect a repeat of the 2008 crisis in the near future, but it will definitely happen in the coming years and I would really like to believe that Bitcoin will protect us from the financial crisis.
Yes, I think it will protect us, but not in the moment. If the S&P 500 goes into a tailspin and shows -30% for the quarter, then Bitcoin will be -70%)))
