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Oh hi Cal, the Rally was NEVER due to expectations of 6 Rate...

  1. MohammedBigun
    2,559 Posts.
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    01/02/24
    11:54
    Post #: 72181823
    Oh hi Cal,

    the Rally was NEVER due to expectations of 6 Rate cuts.

    Powell originally said 3 Rate cuts, then his plebs (Bostic and another) quickly started correcting him. The Rally was primarily due to the strength and resilience of the Economy, and the possibly of 3 Rate cuts.
    XJO Value at posting: 7,595.6
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    lightbulb Created with Sketch.  Great analysis
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