I'm not buying it. I know we all hate the Fed and Gov here and we think they are idiots, but, I don't think they're complete idiots. They have learned the lessons since 2000 and they know that they have to juice things up earlier rather than later.
The fed is trying to crash it all isn't it obvious to you?
Never understood this whole farting around with the likes of the FED and BOE (and others probably) having set days when they announce a reaction (or not).
If something needs sorting, why not today?
Are they that out of touch / old fashioned and rich that they can really say "we will maybe do something in 4 weeks at the next get together"
In this day it seems like a moronic madness system left over from 1892.
Its all power moves. I do not know money play in every country but I have ideas of it in USA.
One thing is to realize how much wealth there is in USA and that even though it is a shit ton of money part of it is musical chairs.
one industry is long term care. In the USA you kind of have to pay for health insurance and Long term care.
Since my bro-in-law became a victim of dementia my wife and I manage his health care. He has two long term policies.
I studied their accounting as he needs them or he becomes bankrupt.
In fall of 2021 both were on the edge of bankruptcy as they have to invest safe ike fed bonds
Fed bonds sucked in 2021 and in early 2022 they sucked. Then the fed jcked rates and fed bonds got really good . His two companies got better ratings in 2022 and 2023 and in 2024
So while one group suffers from the fed another group does better.
You need to understand that this long term care industry involve 7 to 8 trillion in-fed bonds. Covering millions of people.
So the fed plays musical chairs by keep rates high to bail this industry out. Their goal will be a crash then lower rates.
The crash stops inflation (maybe) lack of inflation helps the Long term care out as the salaries of care givers do not raise.
Then the lower rates kick in which attack the long term care industry . but the low rates boost others.
Its all intentional.