December 14th, 2023 Six Rate Cuts A Laying. Some of you may know the song ‘The 12 Days of Christmas’, and yesterday the FOMC gave the market six Rate Cuts a laying for Christmas. Why six rate cuts? CME Fed Watch tool is now showing six rate cuts in 2024. I think this is a […]
IN THE OVERNIGHT 14 DECEMBER
Sea of GREEN TOP STORIES OVERNIGHT Wall Street Traders Go All-In on Great Monetary Pivot of 2024-BBG After clashing in recent years, Wall Street traders and the Federal Reserve are – for once – broadly in sync: The great monetary pivot is near as central bankers engineer a once-unthinkable soft landing in the world’s largest economy. That’s […]