Part 2/8:
Larry opened the dialogue by addressing the notable correction in the stock market. He described the rumors surrounding potential delays in tax cuts, suggesting their postponement could impact market stability. He expressed his concern that the Federal Reserve seemed to oscillate between conflicting policies—having previously favored interest rate cuts, only to pivot again without a clear rationale. This inconsistency, he argued, has left the markets confused and wary of both fiscal and monetary policies.