Global Asset Prices are Repricing Risk Assets (Rapidly)

When even big-name mainstream Economists are begging the Fed for emergency rate cuts, you might already have the sense this wasn't just a one-weekend show. US recession scrambles a lot of fundamental perceptions and values, causing a substantial and sizable repricing across asset classes. That repricing just happened to be most obvious and violent in Japan. Eurodollar University's Money & Macro AnalysisPaul Krugman Xhttps://x.com/paulkrugman/status/1820426175031673269CNBC Wharton’s Jeremy Siegel says Fed needs to make an emergency rate cuthttps://www.cnbc.com/2024/08/05/whartons-jeremy-siegel-says-fed-needs-to-make-an-emergency-rate-cut.htmlhttps://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU