Intraday Market Thoughts
Archived IMT (2008.09.11)
by
Sep 11, 2008 15:03
Fed Fed funds futures are now pricing near a 50% chance of an INTEREST RATE CUT before year end, reflecting the sea change in economic fundamentals and market sentiment and in line with our long held calls for such a move. Our rationale has rested on the argument that the heightened weakness on the macroeconomic front (unemployment and consumption) combined with severe credit conditions will overwhelm the inflation priorities of the Federal Reserve, especially as commodity prices resume their declines. We expect the Fed funds rate to drop to 1.50% by year end. But such an easing would only slow down the momentum of the dollar rally rather than reverse it.
Latest IMTs
-
تداول تزامن المتوسطات المتحركة
by Ashraf Laidi | Jul 26, 2024 23:47
-
TimeStamp Breakdown تقسيم أجزاء الفيديو
by Ashraf Laidi | Jul 24, 2024 10:10
-
تداول الفجوات في ناسداك و دولارين
by Ashraf Laidi | Jul 23, 2024 19:33
-
Chapters Breakdown تفصيل المحتوى
by Ashraf Laidi | Jul 19, 2024 11:25
-
Gold & JPY تحديث الذهب و الين الياباني
by Ashraf Laidi | Jul 18, 2024 18:40