Posted by icecoldjones on 19th of Dec 2023 at 04:08 pm
5200 from 4100 in less than 12 weeks sounds asinine! 27% on the
hope that rates "might drop" next year doesn't make sense, none of
the economic stats even say they need to cut rates once. What makes
it different this time, seriously though? Everyone says it but is
there proof or evidence of this or just gut feelings from
everyone?
Posted by DigiNomad on 19th of Dec 2023 at 04:14 pm
Mohammed El Erian said this morning that the Fed is letting the
market bully it into submission. Watch the opening
interview of last night's episode of "Last Call" on
CNBC - the guest takes a much more direct approach that I
won't repeat here for fear of retribution (better to stay away from
politics, even if only repeating what someone on CNBC said).
5200 from 4100 in less
SPX - Gentleman's bet on new high? My guess is ...
Posted by icecoldjones on 19th of Dec 2023 at 04:08 pm
5200 from 4100 in less than 12 weeks sounds asinine! 27% on the hope that rates "might drop" next year doesn't make sense, none of the economic stats even say they need to cut rates once. What makes it different this time, seriously though? Everyone says it but is there proof or evidence of this or just gut feelings from everyone?
Mohammed El Erian said this
Posted by DigiNomad on 19th of Dec 2023 at 04:14 pm
Mohammed El Erian said this morning that the Fed is letting the market bully it into submission. Watch the opening interview of last night's episode of "Last Call" on CNBC - the guest takes a much more direct approach that I won't repeat here for fear of retribution (better to stay away from politics, even if only repeating what someone on CNBC said).
https://www.cnbc.com/video/2023/12/18/the-feds-pivot-on-rates-is-not-surprising-says-hayman-capitals-kyle-bass.html