Is that a bigger difference than before other rate hikes? Also side note, people like more downside protection than upside gambles for large portfolios
300K would Pay off my mortgage and what’s lefts on my wife’s car note. We’d be debt free. That is life changing money for a normal guy with 2 kids brother.
Fed funds futures would like a word with you. A 25bp cut is gauranteed at this point.
Also note at Jackson hole powell said its time for a change in policy stance, indicating that cutting will resume.
Now cuts after this sept. Meeting we can debate on, but arguing against the sept. 25bp cut is trivial.