We are now talking about the Fed that could cut rates 3 times by 25 basis point before the end of the year I think the Fed should cut by 50 basis points next week I think Fed independence is criticalI think there are creative things that the Fed could doI think the biggest impact is how to put people back to workThere is a massive amount of cashThe bond market this tell you we need to get to at least neutralI would stay long equities.I think hard assets need to be part of investment portfolio – gold/bitcoin. But 5% of bitcoin is a bit high.
This article was written by Greg Michalowski at investinglive.com.