47 sats \ 5 replies \ @SpaceHodler 23 Aug \ on: Powell Signals New Direction as Fed Prepares for Rate Cuts news
The DXY is taking a nosedive and already at 100.7, looks like the market is pricing the cuts in.
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10 sats \ 0 replies \ @TomK OP 23 Aug
It's risk on environment, yes. I think You'll see moving money from record high MMFs now along the risk curve. Global liquidity is growing fast, too.
https://m.stacker.news/47705
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47 sats \ 3 replies \ @jp305 23 Aug
Wasn't that already priced in?
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40 sats \ 2 replies \ @TomK OP 23 Aug
No. Clearly not. Markets need the clown's 'word' to be convinced of what You can see with Your own eyes
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47 sats \ 1 reply \ @jp305 23 Aug
Well, I do think we are pricing in substantial rate cuts and job losses/worst economy
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0 sats \ 0 replies \ @TomK OP 23 Aug
And the rising debt
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