Why a Fed rate cut in September means that something's off

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Federal Reserve News

Fed Rate Cuts,George Goncalves,Wall Street Experts

It’s beginning to look more and more like the Federal Reserve could hold interest rates higher for even longer, at least according to several Wall Street...

at least according to several Wall Street experts. MUFG Head of US Macro Strategy George Goncalves examines several market pressures -- Donald Trump’s social media startup tumbled on Monday, extending a two-week slump, after the company took a first step toward allowing the former president and other insiders to capitalize on their stakes.

Jabin Botsford-Pool/Getty ImagesThe Trump campaign furiously denied suggestions that he had fallen asleep during the first day of his historic criminal trial—calling the suggestion “fake news” while claiming falsely that the reporters who noted his sleepy courtroom demeanor weren’t even in the same room when it happened. “This is 100% Fake News coming from ‘journalists’ who weren’t even in the court room,” the Trump campaign said in a statement Monday shortly after proceedings concluded.

An accounting firm hired to vet Truth Social's financials quit after less than a year because it no longer wanted to be linked to Trump: FT WithumSmith+Brown resigned as Trump Media & Technology Group's auditor, just a few months after they were appointed in 2021, per the Financial Times.

The secretary of the Navy said American destroyers fired SM-3s to intercept Iranian ballistic missiles during an unprecedented attack on Israel.Stephen Colbert Spots Exact Moment Donald Trump’s Brain Shut Down Completely

Source: Loan Digest (loandigest.net)

Fed Rate Cuts George Goncalves Wall Street Experts Market Pressures

 

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