I don't feel a 50bp cut, but more smthg like 25bp...
The Fed got trapped last week by the SocGen trader, and cut by 75bp... which I guess already embodies the potential 50bp rate cut of today. I see a 25bp cut, or maybe nothing...
No position for me... good luck with your shorts!
The Fed got trapped last week by the SocGen trader, and cut by 75bp... which I guess already embodies the potential 50bp rate cut of today. I see a 25bp cut, or maybe nothing...
No position for me... good luck with your shorts!
![](https://resources.faireconomy.media/images/emojis/64/1f60a.png?v=15.1)