Tom Essaye Quoted in Yahoo Finance on March 3, 2020
Sevens Report’s Tom Essaye said Friday that another rate cut might be a bearish signal for the economy.
“While this is a fairly unique situation that the markets have rarely seen in the past, especially in the age of high-frequency trading houses and 24 hour, instant news sources, if the Fed does indeed cut rates in the coming months as the markets are pricing in…” Essaye said. Click here to read the full article.