🤯WTF!!!!
💥 BREAKING:
TEXAS DEMOCRATS INTRODUCE A BILL TO ALLOW THE STATE TO PURCHASE 250 MILLION DOLLARS IN #BITCOIN
🔥INCREDIBLE🔥
💥Investors estimate that interest rate CUTS will come sooner than expected
⚠️Given the RISKS, the MARKET expects a PROMPT REACTION from the FED
When does the market expect the CUTS⁉️
▪️Now the market sees the CUTS for June, July, and October
▪️Previously, it expected them for June, September, and December
▪️It's important to highlight that the FED only projected 2 cuts for this year. Now, not only does the market expect 3, but it also expects 2 in a row (June and July)
What is the reason for this⁉️2 reasons:
▪️First of all, the Atlanta FED updated its estimate for Q1 GDP.
▪️It went from expecting a growth of +3.8% two months ago to expecting a DECLINE in growth of -3.7%
▪️The Atlanta FED is forecasting a very possible RECESSION due to Trump's TARIFFS
▪️This is one of the reasons why the market believes the FED will CUT the interest rate (to avoid recession)
▪️On the other hand, the FED wants LOWER INFLATION to cut the interest rate
▪️According to Truflation, a company that measures inflation BETTER than the U.S. does, inflation went from 3.11% to 1.38% in the last 3 months. The FED's target is 2%
▪️The CPI INFLATION only measures 80,000 prices and also with a 2-week LAG
Truflation measures over 10M prices IN REAL TIME
▪️Once this is reflected in the CPI measured by the U.S., the FED will reduce rates
👉It is FUNDAMENTAL to listen to what Powell says about this on FRIDAY after the RECIPROCAL TARIFFS and after the JOB REPORT
👉The RISKS of RECESSION are crying out for cuts. Will the FED do what is necessary to AVOID IT⁉️
-Source: CME, Truflation, Atlanta FED
