Since the Fed is convening tomorrow, chances are that a modest rate reduction will be forthcoming to stabilize jobs without triggering prices into overdrive. Stocks tread water near records, but China's dismal factory and shop figures (lowest growth in a year) indicate weaker world demand.489b23 BTC remains stable at $116K, altcoins fall, rate relief could trigger purchases.
Pros: Less expensive loans for houses/cars.
Cons: Potential China trade ripples.
Future ops: Retail individuals might be able to buy IPO shares more easily now, according to broker changes; AI forecasters of rates provide free planning tools. Affects us by making daily expenses cheaper but encouraging diversified holds.
Thoughts about riding the cut? And connect for more ongoing discussions.
Quick Take Sept 15 Markets: Fed Cut Imminent, China Decelerates, What It Means to Your Pocket
byu/Narrow_Chance7639 ininvesting
Posted by Narrow_Chance7639
1 Comment
🥱 This is the umpteenth rate cut post. What matters more for long-term investors isn’t next week’s rate decision! But whether the businesses you own are truly going to be worth more in decades. That’s the mindset I now have after reading The Only Bet That Counts.