Trades with cats wrote:We have had a lot of bad economic news this week. It is clear the US economy is teetering on the edge of recession. At the beginning of the year the experts all predicted the usual hockey stick recovery with strength at the last half of the year. That has worked out very poorly so far. China and Japan are not exactly doing well either. So clearly we are back to bad news is good news, how could they possibly raise rates at this time. So if they do watch out below. The difference this time is they have not started printing again, that is when we will get the big rally.
+1/8 rate to save face = market down.
+1/4 rate = market up.. things must be rosy
no change = market down .. things must be really bad
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Trades with cats wrote:We have had a lot of bad economic news this week. It is clear the US economy is teetering on the edge of recession. At the beginning of the year the experts all predicted the usual hockey stick recovery with strength at the last half of the year. That has worked out very poorly so far. China and Japan are not exactly doing well either. So clearly we are back to bad news is good news, how could they possibly raise rates at this time. So if they do watch out below. The difference this time is they have not started printing again, that is when we will get the big rally.
+1/8 rate to save face = market down.
+1/4 rate = market up.. things must be rosy
no change = market down .. things must be really bad
i agree, a 0.25 rate hike is the best option.
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Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
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Al_Dente wrote:Regardless of all our bla bla…
The markets (especially the fed funds futures) are pricing in a NO RATE HIKE
So a hike would be a MAJOR SURPRISE