Episode 293: Today the FED cut rates and postponed their Quantitative Tightening program. The move was much anticipated and therefore we saw a typical “buy the rumor, sell the news” reaction. The S&P500 was down over 1% and broke below 3000.
Should you be worried? I’m not. All that and more in this episode.
HEY- would you please do me a favor? Earlier this year in Europe, I was interviewed by an Industrial association and a clip has been posted to YouTube. I’d like to drive some traffic there and would really appreciate if you’d watch it. It’s less than 5 minutes and my comments are extremely relevant to the impact of Robotics/Automation on the global economy. Please watch: https://youtu.be/LZ4xcsLaH8s
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