Fed Fund Futures on crack?

[bond tr4der]

0% fed funds by January starting to be priced in (and is accelerating). I never thought I'd see the day.

 

[Daal]

a lot of the 'probability' that the media keeps talking about is actually traders betting that the fed has lost control over the effective fed funds and it will trade lower than the target(which has been happening). it inst cut expectations at all

 

[MrDODGE]

Nope, they are not on crack. We are in a very serious time right now and things could easily spiral out of control.

 

[MGJ]

"The market is never wrong"

"Prices can remain irrational longer than you can stay solvent"