I've pretty much stated that a new cycle of rate cuts has begun, and that rate cuts don't necessarily stop a raging waterfall if it should choose to manifest itself.
Nice to see posters are finally betting alongside the probabilities. I can recall when probabilities were 100% chance of rate cut, and posters were adamant about flat to rate hike calls. Even Cleveland has an unusually high confidence level of a rate cut at 25 basis pts (70%).
At this point, I think ben has been pretty obvious about which side he will cater to.
That being said, I'll publicly state I'm with the 4.5% camp.
And if by some anomaly, they should decide to stay flat (or heaven forbid, hike) , I will go short faster than you can blink -- not happening.
My 2C.