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The Fed may do a policy U-turn and slash interest rates as soon as year-end - because a recession almost here, J.P. Morgan Asset Management's CIO says
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We're gonna be in a recession by year end? I could swear 2 days ago the headlines were that we were avoiding a recession. "we'll probably still be hitting recession around year-end, so they'll be cutting rates by then" it's amazing that somehow we're going to be in a recession and rate cutting in the next 3 months.
What do you all think?
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Lol, how is this guy the CIO? Has he not been following what the fed says and how they’ve stuck to it to a tee so far?
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- 1 year ago
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- businessinsider.com/fed-...