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"The Fed would rather cut too late and risk slight economic weakness than cut too soon and risk a resurgence of inflation," says The Kobeissi Letter's Adam Kobeissi as Fed Governor Waller still sees "no rush" to cut interest rates.
230,852 views • 2 years ago •via X (Twitter)
10 Comments

@KobeissiLetter @TKL_Adam Waller's just one though, Powell was Burns-dovish.

@KobeissiLetter @TKL_Adam Why are you wasting your time with Adam Kobeissi on there?🤦🏽♂️🤷🏽♂️

@KobeissiLetter @TKL_Adam Stephanie Link is on every day on some CNBC show. Too much exposure

@KobeissiLetter @TKL_Adam That dude has been so wrong for last 2 years...why do they keep having these perma bears on? Cnbc such a good contrarian metric

@KobeissiLetter @TKL_Adam I don't think anything other than a recession will prevent the feds pause from being a mistake. Wages have to go up or prices have to come down (not just go up at a slower pace).

@KobeissiLetter @TKL_Adam

@KobeissiLetter @TKL_Adam They need to rush to cut before the elections otherwise it will appear that they did it under pressure

@KobeissiLetter @TKL_Adam They are only talking about the rate of inflation increasing, it’s already inflated due to the pandemic stimulus which they never unwound

@KobeissiLetter @TKL_Adam Why fed should cut rate to begin with.. it would be at least 5% long term..

@KobeissiLetter @TKL_Adam What does rate cut mean to the markets which does not reflect reality anyways. Went up in hope of cuts in rates!



