Fed won't cut rates this year: strategist

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Michael Antonelli, managing director and market strategist, at Baird, joins BNN Bloomberg for his argument on why the Fed won't cut this year and why is "doesn't matter" for markets.

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Yeah I'm on side with this fella.... and I have been for awhile now ?
I don't think the Fed will pull the trigger any lower between now and July, and afterwhich.... it's too close into the US Election cycle for the Fed to maintain impartiality to cut = NO cuts !
Rock and a very HARD place for the BoC as we stagnate into recession/Real Estate correction and recession where normally lower rates would albeit, into this scenario all it would do is exacerbate inflation into recession/deleveraging.

dirtlump
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Stocks still going up on rate cut hopes.. almost 10K since Nov. and still going up even though cuts are unlikely. This guys a stock shill. Companies are laying off left right and center!

MrPatrick
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Bloomberg seems to can't make up their mind.

F_e_l
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This guy has a big short position and he getting killed.

MrGoodsalesman