Image Source: Pixabay
The Fed slashed interest rates by 50 basis points today… while saying they intended to run a “rather restrictive policy”.The reaction was fairly muted – a lot of this has been baked in.I think a cut like this is going to keep the market on edge for the foreseeable future.That’s because, in the back of my mind – and probably yours and everyone else’s, is this question: “What’s going wrong in the economy that the Fed feels like a cut like this is the answer?”We’ll look at the answer because it points to big-time profit potential…Video Length: 00:10:14More By This Author:Stocks Hit New All-Time Highs Ahead Of Rate CutsThe Fed “Train” Is Leaving The Station: Destination Unknown Market Musings
