THE FED IS NOT CUTTING BECAUSE THE ECONOMY IS WEAK

The 'tourist explains why "early, but few" is his prediction for Fed cuts

Usually, the Fed cuts interest rates because the economy is weakening. Often, they are late to start cutting, and are forced to dramatically slash rates as the economy falls into a recession.

However, that’s not the case this time.

If (and there are lots of folks who would put that “IF” in capitals with an extra-large font), if the Fed cuts rates at the c…