Quite possibly a case of "buy the rumour - sell the fact"Market...

  1. Ocker
    10,373 Posts.
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    02/09/08
    12:56
    Post #: 4220830
    Quite possibly a case of "buy the rumour - sell the fact"

    Market has fully priced in 25bp cut and is being helped along by "hopes" of a 50bp cut.

    If only the 25bp (as I think it will be) then there may be some selling (initially at least) led by the optimists.
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    lightbulb Created with Sketch.  Great analysis
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