The Fed cut rates and the market dropped.— Ramp Capital (@RampCapitalLLC) March 3, 2020
Time for the Fed to go full Costanza and raise rates. pic.twitter.com/2tYfXbUWIY
It seems an emergency rate-cut of 50bps has done more to damage confidence that rebuild it... "what do they know?"
Did The Fed get an early glimpse of this week's payrolls data?
The Fed rate cut was unnecessary and panicky. It can't fix the virus and won't fix the market or economy.— Brian Wesbury (@wesbury) March 3, 2020