The Fed's recent interest rate cuts were intended to spur economic activity, but what's really needed is serious fiscal reform to drive investment and business development. Otherwise, we see investors falling prey to the mania of chasing the latest craze, from tulips to emus to meatless burgers.
The Fed's recent interest rate cuts were intended to spur economic activity, but what's really needed is serious fiscal reform to drive investment and business development. Otherwise, we see investors falling prey to the mania of chasing the latest craze, from tulips to emus to meatless burgers.
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