Guggenheim's Minerd Disappointed With Fed, Says Markets Priced for More Action

The video discusses the market's reaction to the Federal Reserve's recent decision, highlighting the quiet response despite expectations for more action. The speakers express surprise at the Fed's stance, noting that the market was priced for a rate cut that the Fed seems unlikely to deliver. The discussion also touches on the potential long-term benefits of the Fed not being overly reactive to market expectations.

What is the significance of the market pricing for another rate cut?

What are the implications of the Fed not delivering on market expectations?