Personally, I believe any "indictment shock" would be very short lived to be followed by a genuine boom once people realize that the Rule of Law is being reestablished.
Interesting theory, but the counterargument is that you don’t fire your ammo until after you need to counteract a market shock. Cutting now in advance of a “potential” shock wouldn’t work and would more likely spook the market into thinking that the Fed knows something so dire about the economy that it would take such unprecedented preemptive action.
Personally, I believe any “indictment shock” would be very short lived to be followed by a genuine boom once people realize that the Rule of Law is being reestablished.
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making sense AB