Bond Market’s Big Rate-Cut Wager Faces a Reckoning From the Fed

Discussion in 'Wall St. News' started by Nighthawk, Dec 12, 2023.

  1. Well I booked my worst trade of the year, -2.3% short IWM. Not a giant size but I could have got out with a smaller loss. I have bet against the rate cut hopes the whole cycle. I didn't even log in until 9:30, fumbled around with the order then was filled at 9:35am. Up instantly and I didn't even pay attention to the market again until like 3:30. I was so confident in this short lol.
    Just a F- trade.
    65% cut in March for Fed Funds. It has been such a good run this year, I hope to someday get back to that level of overconfidence. That felt so awesome.
    I just hate the VIX at a 11-12 handle too. No idea macro wise and the VIX at 12.
     
    #11     Dec 13, 2023