Submitted by uslvdslv t3_1267vz6 in wallstreetbets
vegaseller t1_jeeuxbj wrote
Reply to comment by jcodes57 in BlackRock warns that investors are making a mistake by betting on the Fed to cut rates by uslvdslv
he was telling people he would not raise rates until 2024 back in 2021 when he cut rates to zero due to covid, this is why the banks got into trouble, because they believed him. He is led by long rates like a dog on a leash.
jcodes57 t1_jefeuep wrote
Fair point
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