stockholders

Powell’s rate cut confirmed; stockholders risk becoming AI bagholders.

Tomorrow, Powell will confirm the most widely telegraphed rate cut in human history. And anyone who stills owns stocks at that time will be the artificial intelligence bagholder. pic.twitter.com/VQUSmnKkdx — Mac10 (@SuburbanDrone) August 22, 2024 This is what I said would happen weeks ago before the crash: After an initial crash the Fed would pivot …

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