All-In with Chamath, Jason, Sacks & Friedberg
Markets turn Trump, Long rates spike, Election home stretch, Influencer mania, Saving Starbucks
Zach
We discussed it on the show, and I pointed out that the 50 base point cut was contradictory in the sense that The only two times in recent history where the Fed began a rate cutting cycle with a 50 basis point cut was in 2001 and 2008, which were on the verge of pretty big recessions. And so the Fed felt like it needed to cut dramatically. in order to help stave off those recessions.
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