Powell Cuts, Trump Throws a Twantrum [w/ edit]

[edit] I may have misspoken in the post below. If my hazy memory serves I think I remember something about Powell not being a formally trained economist. But it does…

Comments Off on Powell Cuts, Trump Throws a Twantrum [w/ edit]

Rate Cut Probabilities Have Dropped Significantly

While a majority of wise guys still expect the Fed to cut the Funds Rate tomorrow, the percentage has dropped significantly, from what I seem to remember as near-unanimous in…

Comments Off on Rate Cut Probabilities Have Dropped Significantly

CME Group Rate Cut Probabilities

Da boyz on da CME is still cuttin' da rate... 93% say 1/4 point in September. That one seems - and is - rather obvious. October has 56% of the…

Comments Off on CME Group Rate Cut Probabilities

Okay Speedreaders…

[edit] Spoiler... nothing new under the sun other than the last line they slipped in... "The Committee will conclude the reduction of its aggregate securities holdings in the System Open…

Comments Off on Okay Speedreaders…

FOMC Rate Probabilities

Just another reminder that as the media swing back and forth on the rate discussion the CME boyz are 100% on a cut for next week with 18% still betting…

Comments Off on FOMC Rate Probabilities