https://www.bnnbloomberg.ca/investi...-clues-on-how-far-and-fast-officials-can-cut/ Expect a rally if they pick up clues that Fed's leaning more towards more easing.
look at what the market is already telling you. aren't we in a recession or on the cusp of one? https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html https://www.atlantafed.org/cenfis/market-probability-tracker
Yep just what we need...more easing. According to all the economists the economy is booming ..jobs are plentiful and corporate profits soaring yet we need to cut rates....yepppp If anything rates should still be at 5-6%. But nope. Let's keep giving wallstreet what they want ..or else....
Although yields have pulled back some from recent swing highs the trajectory since early fall has clearly been up so I'd think The Fed likely is fighting a losing battle to ease things trying for a soft landing.
Not drastically but gradually and carefully. This is the main take from the minutes today. Tomorrow's PCE number would be what Feds is looking at to gauge inflation.
PCE is going to be absolutely perfect. It's going to be non inflationary causing markets to catapult by at least 1%. Free money Wednesday after PCE data is released!
Its not the 3 letter organization (FED) that is important these days - its the 4 letter one (NVDA) that is. And it appears that NVDA might just be rolling over if $135-7 area doesn't hold.
Well technically it's not NVDA that calls the shots; it's it's MUSK with his AI development that's fuelling the demand for everything AI related including AI chips which Nvidia is at the forefront of developing and providing it. NVDA only started soaring again recently with AI.