on Market Domination to break down the factors top of investors’ minds including the Federal Reserve’s rate cuts, the Chinese stimulus packages, and the upcoming US presidential election.
“The end goal here on the China front is to keep the economy humming and keep the populace not protesting, not coming into the streets, not worried about losing their jobs, not worrying about the unemployment situation. And the Fed is in a very similar boat.”In the current economic conditions, Weinand says “you're not getting compensated really for generic fixed income.
Uh It's kind of counterintuitive but these big fed drops actually hurt these banks in, in the, in the short term, ok.Now they have to put their, their new cash or that fresh cash to work at 4.5, 4 and three quarters if not lower, uh which is where front end bills are. Uh stimulus is great stimulus is great for the market no matter whether it's coming from China or the US, whether it's coming from lower interest rates or stimulus, whether uh Kamala or Trump get elected, we're going to see further stimulus vis a vis deficits in the next few years.Uh And I think the end goal here on the China front is to keep the economy humming and keep the populace.