Who wants to bet the Fed has to cut rates later this week

T

The Kin

I can envision it now. It's early Thursday morning and the PPT has failed to prop up futures. YM and ES are limit down. Market opens and at 9:32 we hit circuit breakers. Stocks fall faster than the electronic circuit breaker could kick in and the dow is down 1452 points! An emergency meeting is held at the New York Fed and they cut .75% and announce shit loads of liquidity measures before the market reopens. This is really a trick to give the PPT time to regain its composure and pushes all indexes to a positive close once the market reopens. Financial meltdown is avoided yet again and the PPT saves the day. True unsung heros.

I find it hilarious that a major dow component has disappeared and we closed up over 100 points. LOL
 
Fed Fund Futures soaring despite no cut. This implies big emergency cut move is expected by the market... 25 to 50 bps. Interesting times no less.
 
Quote from The Kin:

Fed Fund Futures soaring despite no cut. This implies big emergency cut move is expected by the market... 25 to 50 bps. Interesting times no less.
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yesterday cut was 100% baked in

it was proved already the problem is not high rates
 
We see how well the aggressive rate cust from last Novemeber on helped...All it did was delay the inevitable.....the house of cards neds to fall and he pain must be felt before you can rebuild
 
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