Don't See Emergency Fed Cut: Jay Woods

Freedom Capital Markets Chief Global Strategist Jay Woods says he would be shocked if the Federal Reserve did an emergency rate cut before the September meeting, adding that he think they'll cut by 50 basis points at the meeting on September 18. He spoke on Bloomberg Brief with Manus Cranny.


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[OzzeyfromVek]

it's sickening to hear the media tout the idea the government should force interest rates down to support the market bubble

[millerb.]

Grabbing a shopping bag at Walmart knowing you have a negative balance in your bank account is just a window shopping😅

[peterponcedeleon]

You can sense the panic coming from these people

[demiankeaough]

I blame the media. One report comes out and all I saw was media outlets yelling "the sky is falling ". The media needs to realize the impact they can have on people.

[KungPowEnterFist]

Experience tells me this is the exact same sh8t the pumpers were saying in late 2007. WB getting ready to go shopping, massive amounts of cash on the sidelines itching to buy in, blah, blah, blah.

[Willfully_Ignorant]

Moving down 10% in a week isn’t a correction… it’s a crash. Also weren’t these bozos saying “this time is different” in April of 2008 too?

[davidgraham]

Famous last words: “this time is different”

[元秦武都]

CPI will say if there is a cut. Fed is not responsible for building a market bubble

[clarencejones]

This is wild there will be people saying it’s a boat market until the country is literally burning. If you have it to spend, it’s not a gamble but many will get burned following this advice.

[isaackys]

Reminiscent of snake oil sellers telling us it the best time to buy their stuff.

[BrianBarge]

The FED doesn't know that the civilians can break the economy through the stock market. Think twice FEDS.

[torodolfo]

We need 75 points cut now and 75 in September

[thomhodgson]

It's crunch time, either we see our soft landing or recession this Winter.

[MrKenng]

Let's hope the U.S. stock market will end up 5-6% lower than last Friday level.

[PKHenry]

Good thing I hold Bitcoin to hedge against volatility in Fiat Currency - oh crap!! LOL

[ctrl-shift-run]

Lol one bad print and the sky's falling. It wasn't even that bad either.

[tomchristianson]

The comments seem to be somewhat skeptical about the motives of stock market insiders. Anything for a buck

[rickhayes-ohzm]

how is the market going to come back. this clown believes the fed will save him. It won't this time.

[goldstandardaviation]

The fall has begun. I'm poised to swoop in like a hungry vulture.

[dontquitnoob]

Don’t cut rates prices are still insane