https://www.cnbc.com/2024/04/03/atlanta-fed-president-bostic-sees...

https://www.cnbc.com/2024/04/03/atl...his-year-occurring-in-the-fourth-quarter.html


Atlanta Fed President Bostic sees only one rate cut this year, occurring in the fourth quarter


So no June rate cut? What happened to the six rate cuts that were priced into this rally already? So I guess this means they will not be cutting rates this year and will only do so when the economy falls off a cliff? Major crash incoming, good luck all.

P.S. Over the next 12 months I think we will see most of the covid traders/bulls wiped out.