A little over a week ago – the Federal Reserve cut interest rates by .25% for the first time since 2008. And while Jerome Powell – Chief of the Fed – claimed that this isn’t the beginning of an ‘easing cycle’ (when the Fed lowers rates for a long period of time) – I disagree. Actually – I believe the Fed will begin easing aggressively. And may restart their Quantitative Easing (QE – money printing) program much sooner than many believe. Maybe even as soon as later this year. Why? Because financial conditions are getting a lot tighter (meaning: market liquidity’s drying up). And it’s happening at the worst possible ... (full story)