Replies (7)

Because the entire economy is in a holding pattern on capex until rates come down. The past 6 months have been completely stagnant in regard to NPD. Trump screaming for lower rates is sending the message it is coming down, but setting that stage is leaving everyone waiting, and Sept 17th is not soon enough. It doesn't effect my personal financial life, but it does effect business directly. Industry in America was dying before Trump-47, but today it's flatlined. Only lower interest rates and a stable and clear tariff regime can have a chance of bringing it back to life. If the fed waits any longer than this week, the patient will be dead. September is the nexus between ultimate death and a potential of recovery. If industry doesn't recover, the US will be forced to return to Imperialism - only this time in plain daylight, destroying and siezing resources abroad, everyone forced to live on fabricated money, while hence it was done under the cover of darkness. We all know that is not sustainable - he who lives by the sword -
In my humble opinion we’re past the point of no return as a country (and world) and we will demand sacrifice before we can build new consensus. Human beings (as a group) are pack animals driven by cycles and rituals.