Agree with Woods in this case. Fed looks backwards and is overly concerned with perceptions of their competence, leading to "horse has bolted" behaviours and outcomes. The Fed and many other regulators need new tools but these won't come until the next major crisis and precipitated regime changes.
Cathie Wood Finds This "Most Disappointing" About Fed's Move
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
