20 Can someone explain where my Trump stock is at? What’s the latest on GameStop and all of it? Will it payoff? Also, did Q hint at it? posted 2 days ago by HotSnakes 2 days ago by HotSnakes +20 / -0 Help me Understand 11 comments share 11 comments share save hide report block hide replies
These situations seem completely different to me.
And the FED did not cause the recession.
The end of of the housing bubble in 2006 caused problems that eventually let the mortgage backed securities to tank. The FED was REACTING.
When all the data came they realized the start of the recession began in December 2007.
What is different here isthe Fed raised rates to attack inflation, in the 2007-2009 recession they were attacking large job losses.
Inflation is back down to 2.53%.
This is why they doing a big cut.
Folks were saying they could have cut last time, but they picked the can down the road and this big cut is them playing catchup