Just heard it on Bloomberg, fed futures are expecting another 50bp cut at next weeks fed meeting, unbelievable.. never seen it like this
yeah. they might very well have to double dip. they last thing they want is more panic or frustration
now this is getting out of hand, if there are no rate cuts next week say hello to dow 11k, simple as that, they have made it so easy that now everyone expects rate cuts anytime the market drops.