43 sats \ 2 replies \ @Cje95 5 Aug \ on: Wharton's Jeremy Siegel Calls for 75 Basis Point Emergency Cut Just Now On CNBC econ
My biggest question with this is Jeremy Siegel isn't stupid like you highlighted but an emergency meeting after just speaking last week would cause so much damage and chaos that I don't see how Siegel could justify that. It would just cause so much damage to every single thing across the board.
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10 sats \ 1 reply \ @siggy47 OP 5 Aug
I agree. He's getting old. The impact of him making that statement could panic markets by itself.
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43 sats \ 0 replies \ @Cje95 5 Aug
When it has come to the Fed the last year or so he has been fear-mongering and honestly when you do so for as long as he has naturally he will eventually be right but its been going on so long now
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