Today, Feds cut rates by 50 basis points.
Last two times this was done:
what happens this time around?
Love posters here questioning @OP who laid out facts. counter his facts with actual facts not emotions.
When economy became worse and they cut rate to improve it.
Stick to networking, you obviously know nothing of economics.
Cutting rates means you’re heading for the ditch.
What did the stock market do today on the news?
There’s your answer.
Cutting rate is good for Cisco in all ways and it also boosts the economy.
Don't believe the doom and gloom people!!!!
History repeats itself while the masses are distracted with social media likes instead of there future
@OP, when the first cut was 50 bps recession followed as dig stagflation.
More frequent LRs are around the corner.
Why cutting rates is not good for high tech? I always thought cutting rates will improve the economy.
Why cutting the rates is not good for high tech? I always thought cutting rates is good for economy.
The rich and getting not just richer, but disgustingly richer while we poor peasants fight over who won the presidential debate, and are so divided as a nation. It's exactly the same at work. Politics and toxicity to keep us weak.
Want to see a change? Start uniting against those who are taking 80% of your work productivity outcomes for FREE and give it to the rich.
What happens now is a downturn that makes the Great Depression look like great times.
ELT will use it as an excuse to cut another 6k in Feb.