BLOOMBERG The David Rubenstein Show Peer To Peer Conversations July 14, 2024
If the fed ends up cutting, it will probably be somewhat supported. We now know the fed has our back. Fed rate cuts probably stimulate animal spirits in the economy. It is going to weaken the dollar, which will help multinational companies. We get a bit of an all clear signal here that it will be fine. They want to sustain the expansion. Are we going to get gangbusters returns . No. But where you going to put the money . The fed feels it is an orchestrated market and that frustrates a lot of people. It does make you wonder, do you think the fed is trying to overengineer the economy . Especiall...