September’s rate cut was sold to the public as a gentle nudge for growth. Wall Street cheered, stocks climbed, and analysts at major investment firms like State Street and Franklin Templeton called it a bullish move. But don’t let the party hats and ticker tape fool you — underneath the confetti lies a smoldering fire that the Fed just poured gasoline on. Let’s look at the facts: The market now prices in over a 100% chance of another rate cut this year. This is happening despite clear signs that the economy is not only stable, but may even be reaccelerating. In a sane world, that would call for caution. In this one, it’s being spun as a sign of strength…
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