"Investors warn of ‘new era of fiscal dominance’ in global markets: Combination of record government debt and rising borrowing costs puts central banks under pressure."
Source: Mo El Erian, LSEG, FT
September rate cut odds have plunged to 57% on Polymarket over the past few days—did Powell’s speech leak?
Source: Tom @TradingThomas3
🔴 Donald Trump calls on Federal Reserve governor Lisa Cook to resign ‼️
The demand comes hours after Bill Pulte, a staunch ally of the US president, published a letter claiming the central bank official had ‘falsified bank documents and property records to acquire more favorable loan terms. Source: FT
Periods of acute monetary policy uncertainty are Buy Signals.
October 1987, the Iraq-Kuwait recession, September 11th, the 2003 "jobless recovery," Covid lockdowns. These are times to buy the US stock market, not sell it. At 358, the MPU index is about as high as ever. Bullish. Source: Jeff Weniger @JeffWeniger
Stocks and rate-cut expectations have decoupled significantly since the start of the Summer... will they start to move in sync after Jackson Hole ?
Source: zerohedge
🚨 JPMorgan now expects the Fed to cut rates four times in 2025, starting as early as September and bringing the benchmark down to 3.25%–3.5%.
Source: CryptosRus @CryptosR_Us
Over the last few weeks, markets have been moving higher partly due to the fact that investors have been pricing in more rate cuts.
With July PPI and core CPI prints surprising on the upside this week, odds of rate cuts in September and beyond are moving lower. Could it trigger a decent market correction? Source image: @RealStockCats
September rate-cut odds of 99.9% yesterday have now fallen down to 88.5%.
From "guaranteed" to "not so fast." Source: Bespoke
