Seven questions I’m pondering at the moment: 1. Why doesn’t the Fed just cut now? Inflation is under control. The labor market is cooling off. The housing market is a mess. I know people who lived through the 1970s are worried about a replay but this is not that. If the Fed waits too long the economy is going to roll over and they’re not going to be able to stop the unemployment rate from rising. What ar...

source: https://awealthofcommonsense.com/2024/07/7-questions-im-pondering/