a 50 basis point rate cut was already priced into the market

[unblock]

3. and it's not just them.

given they're at ground zero for this and have authoritarian controls, they're in a position to take drastic actions.

but companies are canceling travel and conventions and there are other signs of companies slowing things down while they wait and see.


economists have been suggesting for many years that a recession is "1-2 years away but no one knows when it will happen or what will trigger it".

i think we finally found the trigger.