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I have questions about what the rate cut will mean but am afraid to ask because I was an economics major
@bikepedantic or we’re fucked
@Kevin one of those, got it
@bikepedantic @Kevin stock market could be a tricky one. It seems like Fed cut rates deeper than most people expected, which means they might freak out - did Fed know something that we don’t? Why did it cut rates deeper? If that’s true then the economy is in bigger trouble.
@bikepedantic It means there will be more drawing of curves & coloring in the space between them.
@bikepedantic less interest in your savings account
@bikepedantic lower mortgage rates, stock market is a bit more attractive for investment, etc