Comment / 'Fasten your seatbelts, we are going down'

A Markets snippet is mandatory today.

Because

Long-awaited, what turned out to be ’Mixed 17 September’ by the Federal Reserve, indeed came yesterday.

The crux of it, courtesy of Bloomberg’s ’Evening Briefing, Americas Edition’ hitting my inbox last night:

“Federal Reserve officials lowered their benchmark interest rate by a quarter percentage point and penciled in two more reductions this year following months of intense pressure from the White House to slash borrowing costs. Chair Jerome Powell [pictured below] pointed to growing signs of weakness ...