We got another cut today, and parsing out its statement is unusually easy… because they’re some of the shortest-ever remarks ever released around a rate cut, at least in recent memory.“Recent indicators suggest economic activity has continued to expand at a solid pace… labor market conditions have eased… unemployment has moved up but remains low… inflation has made progress.”Pretty simple, right? That’s an excerpt from the very first paragraph and it’s jam-packed with problematic statements – we’ll get into the actual truth of what’s going on here.The biggest, most obvious problem: If we’re growing at a “solid pace,” why are they cutting rates?The answer leads to opportunity, and that’s what we’ll look at today, along with stocks like , , , and more.Video Length: 00:13:05More By This Author:Forget Fear – The Markets Are In Full-On “Greed Mode”Stocks Are Seeking Higher Lows Ahead Of The Election What Today’s Volatility Tells Us About Tomorrow’s Election
Here’s What We Really Got From The Fed Today
