Loading ...3 Month Backup In Interest Rates Is Over
Rates have topped out, never exceeding the highs from last fall. From here the economic data, possibly even the BS stats from the govt. will clearly show an economy that has rolled over and falling considerably. This will include inflation measures. We may not reach 2% anytime soon, but neither is inflation accelerating.
The rate cuts are back on the table and IF the FED needs to do an emergency rate cut of 50 basis points next week, it will be as it was originally believed at the beginning of the year. Equivalent of two, 25 basis point cuts, starting in March. The FED has been gaslighting us the whole time.
Having learned their lesson from the 70’s and 80’s, I don’t see them cutting rates before autumn.
I see NO talk from the FED of interest rate cuts…on the contrary
If you think Inflation is settling down then you think Oil is going down
How ? The US has not much left in the “Tank” and the wars are still raging
That’s the point, it is suppose to be a surprise. FED says one thing and does another. Oil is going lower. The economy is rolling over and oil will drop.
What data are you looking at that says the economy is rolling over?
Everything not from the govt. and MSM not reporting. As I said in a post yesterday credit card payments, car dealers new and used going out of business, house prices topping out, layoffs massive but not showing up yet in UE figures because of severance and other reasons for delays. It goes on and on. CRE also is a slow moving trainwreck but building momentum. The Dems and media with the help of the FED have tried to delay the reality until after the election but the next two quarters are going to be brutal.
Convincing Argument CM