Something just came out, the market is turning around quickly like Tokyo drift:
The odds of the Fed cutting interest rates by 25bps jumped to 69%, while the 'stay put' option dropped sharply from 60% to 24%
After a week of hesitation, suddenly today everyone believes that Mr. Powell is about to pull the lever. Surely someone heard the clanking sound of the lever in the meeting room...✂️
In this case, no one is crying, right guys?😆