People are too optimistic about the prospect of many rate cuts, says Mercatus' Veronique De Rugy

Veronique De Rugy, political economy chair at the Mercatus Center, Ben Harris, Brookings Institution economic policy director, and CNBC's Steve Liesman join 'Squawk Box' to react to May's PCE report and more.

[@onyong123]

Wait until rates go lower and housing prices stays high and everyone who is in financial trouble or wants to finally capitalize on their 50% house value increase refinances.. that will bring inflation down right?

[@erichvonmolder9310]

I'm not optimistic one way or the other in future for "many" rate cuts, but I'm not the people she is talking about. Let's see the data before predicting the future, unless they are psychics

[@KayFarris]

VERY INTERESTING !!
Thank you for sharing this , much appreciated!

[@KayFarris]

I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, I have a 3 fund portfolio consisting of 33% S&P, 33% Total stock, and 33% international. I feel a need to focus on complete growth so I went 100% stocks, but does the SP500 and TSM overlap too much to make sense holding both
ALSO most importantly, Thank you sir TOMAS CALEZ ANTONIO , for introducing me to YOUR platform since I joined this your trading network I have got back all the funds I lose from other platform and still gaining my profits off the market trends, thank you I really appreciate it.
it's near impossible to not out-perform the market hassles, been using my advisor for over 3years+ and I've netted a good reasonable amount of profits