I borrowed this from Chris’s twitter:
You often hear “when the Fed is raising rates, it is bad for stocks”, [it is bearish].
Now with the possibility of future rate cuts, we hear “you do not want to be long stocks when the Fed starts cutting rates,” [it is bearish].
You often hear "when the Fed is raising rates, it is bad for stocks".
Now with the possibility of future rate cuts, we hear "you do not want to be long stocks when the Fed starts cutting rates."
May take a look at this topic from a factual perspective in this weekend's video.
— Chris Ciovacco (@CiovaccoCapital) March 27, 2019
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