Fed expected to cut rates in September and November, says Wells Fargo's Darrel Cronk
Darrel Cronk, CIO for wealth and investment management at Wells Fargo Investment Institute, joins CNBC's 'The Exchange' to discuss interest rates, how to position, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/42d859g
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Пікірлер: 8
Here's how it will go down: These guys are positioned short. They set the expectation that the Fed will cut in September. Then when the Fed denies their silly request to cut, down comes the market. They cash in, you lose. Don't let these guys take your money. Be smarter than them.
@prolific1518
17 күн бұрын
Cuts don't matter when the Treasury is supporting the market.
Cutting help the financial institution,fundd managers hedge funds and those borrowed hige will make a big difference for them , querter point will not help that much the common people.
What is the likelihood of NO recession,,,history is almost always shows a recession!?
Clown, bad advice here peeps.