Fed cutting rates usually means trouble ahead, not a party for the economy. Retail sales for restaurants and bars show sharp slowdown. BLS set to slash US jobs by up to 950,000
Rate cuts: like putting a band-aid on a sinking ship. For those begging for rate cuts, look back at 2001 and 2008. The Fed started cutting right before unemployment spiked. The pivot wasn’t a win, it was the signal that the real damage was about to hit. If the economy was healthy and booming, there …