re: rate cut by Feds just announced

Hey smart guy. Powell and 45 are part of the same government... Its clear fed takes cues from the top. And show me the market movement based on 45 speaking. And why is hearing from someone who will change their minds in 5 minutes would be a good thing?. Politics aside it doesn't make economic sense to cut rates on a 3% correction. Unless 1.things are worse than is being told. 2. It's a political move. Which is stupid because in a true market correction 10% or more, they only have 1% cuts left to try to stabilize the market. Or go into negative territory which is third world country shite. The wealthiest country with very smart economists shouldn't be in that situation.

And again the market is at a all time high. Please explain the rate cut to my simple brain.