Definitely Not A Fed-Juiced Melt-Up, Nope!

  • Written by Zero Hedge
  • Published in Economics

Despite "good" data and Fed's Evans remarking on how "strong" the economy is, markets are soaring higher (beginning at the cash open) this morning...

Extending the week's gains post-Powell...

Because the market knows that all the time the Eurodollar and Fed Funds markets are pricing in 25,50,75bps of cuts, Powell is powerless to push back....

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