carpitown t1_je9r8gp wrote

I'm starting to think the Market is right. First off, I'm totally convinced the Fed board members are totally clueless about what they're doing. They have have proven to be 100% reactionary. So, to me, their words hold no value.

Absolutely everyone had spent like drunken sailors during the low interest rate years. We're beginning to see the initial problems forming from interest rate changes. Since the Fed has no clue with what's going on, they'll follow the growing panic by dropping rates. The market has this correct.