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Transcripts For FBC Maria Bartiromos Wall Street 20240714

Anderson capital management. Thanks so much for joining us, good to see you. Youre welcome. Maria so are you surprised . It was a week of mario versus jay. The European Central bank talking about more stimulus on the way, you had jay powell and all of the speculation that were going to see lower rates now for some time hate arer on in the year as well. Whats your take on the broad economic backdrop and whether or not we should actually see it erased . Well, you know, maria, i am dead set against rate cuts. I think that the reasons that are being floated out there for rate cuts are kind of baffling to me, actually. It seems to be more focused on the tariff and trade war, which i think is way outside the feds agenda in terms of keeping unemployment low and inflation low. We hardly have any inflation. So i think that is a terribly misdirected initiative in the their narrative right now. Maria especially since youve got unemployment at a 51year low, were going to talk with Steve Schwartzma

Transcripts For FBC Maria Bartiromos Wall Street 20240714

Anderson capital management. Thanks so much for joining us, good to see you. Youre welcome. Maria so are you surprised . It was a week of mario versus jay. The European Central bank talking about more stimulus on the way, you had jay powell and all of the speculation that were going to see lower rates now for some time hate arer on in the year as well. Whats your take on the broad economic backdrop and whether or not we should actually see it erased . Well, you know, maria, i am dead set against rate cuts. I think that the reasons that are being floated out there for rate cuts are kind of baffling to me, actually. It seems to be more focused on the tariff and trade war, which i think is way outside the feds agenda in terms of keeping unemployment low and inflation low. We hardly have any inflation. So i think that is a terribly misdirected initiative in the their narrative right now. Maria especially since youve got unemployment at a 51year low, were going to talk with Steve Schwartzma

Transcripts For FBC Maria Bartiromos Wall Street 20240714

Anderson capital management. Thanks so much for joining us, good to see you. Youre welcome. Maria so are you surprised . It was a week of mario versus jay. The European Central bank talking about more stimulus on the way, you had jay powell and all of the speculation that were going to see lower rates now for some time hate arer on in the year as well. Whats your take on the broad economic backdrop and whether or not we should actually see it erased . Well, you know, maria, i am dead set against rate cuts. I think that the reasons that are being floated out there for rate cuts are kind of baffling to me, actually. It seems to be more focused on the tariff and trade war, which i think is way outside the feds agenda in terms of keeping unemployment low and inflation low. We hardly have any inflation. So i think that is a terribly misdirected initiative in the their narrative right now. Maria especially since youve got unemployment at a 51year low, were going to talk with Steve Schwartzma

Transcripts For FBC Maria Bartiromos Wall Street 20240714

Anderson capital management. Thanks so much for joining us, good to see you. Youre welcome. Maria so are you surprised . It was a week of mario versus jay. The European Central bank talking about more stimulus on the way, you had jay powell and all of the speculation that were going to see lower rates now for some time hate arer on in the year as well. Whats your take on the broad economic backdrop and whether or not we should actually see it erased . Well, you know, maria, i am dead set against rate cuts. I think that the reasons that are being floated out there for rate cuts are kind of baffling to me, actually. It seems to be more focused on the tariff and trade war, which i think is way outside the feds agenda in terms of keeping unemployment low and inflation low. We hardly have any inflation. So i think that is a terribly misdirected initiative in the their narrative right now. Maria especially since youve got unemployment at a 51year low, were going to talk with Steve Schwartzma

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