Cumberland's Kotok Finds the Fed's Emergency Rate Cut Worrisome

Cumberland's Kotok Finds the Fed's Emergency Rate Cut Worrisome

Mar.03 — David Kotok, Cumberland Advisors chief investment officer, reacts to the Federal Open Market Committee’s decision to lower the target range for the federal funds rate by a half-percentage point. He speaks with Bloomberg’s Romaine Bostick and Scarlet Fu on “Bloomberg Markets: The Close.”

7 Comments

  1. Jennyoy on March 11, 2020 at 1:51 pm

    Sure, it’s worrisome. The Fed acts like an average Joe to make panic response to the spread of the coronavirus by pushing the interest rate to the record low. It will drive higher house price and more risky mortgage borrowing.



  2. teebone 21 on March 11, 2020 at 2:01 pm

    Prepare for home prices to skyrocket



  3. teebone 21 on March 11, 2020 at 2:05 pm

    DEBT LEVELS ARE AT BREAKING POINT



  4. Boyd Gilbreath on March 11, 2020 at 2:09 pm

    But I just watched King trumpy saying they didn’t cut enough! I realize the cuts only benefit the rich and big business.



  5. Mig Red on March 11, 2020 at 2:13 pm

    Clip is not David’s full call. What he said after was more important.



  6. ankit maheshwari on March 11, 2020 at 2:15 pm

    Rate cut won’t work at all this is pandemic the tgt we are gunning for is 2600us500



  7. gambit1357 on March 11, 2020 at 2:31 pm

    "What is the Fed seeing that other people are not" – Exactly…