Just give us a rate cut already. You're listening to Motley Full Money. I'm Ricky mallvie. I'm Ricky

I'm Ricky

I'm Ricky molyb,

I'm Ricky Malve, joined today

by Osset Sharma,et how we doing?

We are doing well Ricky how are we doing?

How we doing? I'm doing pretty good. The Royal We. The Royal Wii. Let's talk first. Big story, I guess it was over the weekend, is Jerome Powell goes on 60 minutes. And the market really didn't like this appearance, Osset. They were not a fan, in part because he slowed down a little

bit on the rate cut talks. He said, quote, our confidence is rising. We want some more confidence before we take that very

important step of beginning to cut interest rates."

End quote.

It just means you're not getting rate cuts in March, but you're probably getting rate cuts

this year.

There's a consensus, he says.

What's the market market so sour about? I mean you know

Ricky the market is acting a little bit in a juvenile manner here we want

stuff now we want immediate gratification. I sort of like that Jay Powell was talking

about price stability. When you shift interest rates too much or too soon, that can cause prices to be more

variable, which is something that can lessen confidence, consumer confidence,

business confidence. So I sort of got what he was saying, I sort of dug it.

You know markets, they want the rates to be cut sooner because, look, theoretically, lower rates

mean that debt is it costs less so corporate earnings can rise

it's easier for companies to do business in a lower rate environment than analysts

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