WAY too soon for rate cuts. A more permanent hold on rate increase is more like it IF the inflation is really down. Honestly I don't think we are out of the woods yet on inflation. One low inflation number doesn't determine the whole trend. We have been there before where we get one low number for one month and then the next month it goes back up much higher and we even find out the previous months number was not even correct and had to be revised higher. Imo I highly doubt this month's CPI is 2% and wouldn't be surprised if there is a revised-up next month.
How much of that debt is owed to ourselves? And what hapoens when we default on debt that we owe to ourself?
DEFAULT????? DEFAULT????? Never would they allow the US to default. Don't even mention it. Could never happen and would never happen. That reminds me of the debt ceiling being raised every single time we breach it and the threat of social security running out in the yrs ahead. There is no such thing as a default All debt ceilings will forever be raised and social security running dry is nothing but a fantasy.
Why would we need to default when we can print the interest We just need a new trigger to support printing again.
Get this, people believed you couldn't get back to 2% inflation and not upset the labor market. Now those people are upset.
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