Rogue Trader Bets $80 Million Fed Will Start Slashing Rates By Year End

Discussion in 'Wall St. News' started by ETJ, Feb 3, 2023.

  1. ETJ

    ETJ

  2. schizo

    schizo

    Stupid title. There was nothing "rogue" about it. Also even a rogue lay trader like me have been saying for a very long time that the Fed has always been under the influence of Wall Street and it's only a matter of time before Powell caves in to their demands.

     
  3. notagain

    notagain

    Rates go to zero when we light up China, war = clean slate.
     
  4. maxinger

    maxinger

    jys78 likes this.
  5. M.W.

    M.W.

    The entire publication is bullshit. I blocked them from any newsfeed. Pure clickbait.

     
    schizo and jys78 like this.
  6. Bottom line, the U.S. Treasury can't afford to pay higher interest on the national debt.
    Congress has much more important expenditures in mind (bridges to nowhere, slavery reparations, absolving student debt, etc )
    Powell will not cut, until the first three alarm fire gets called in (XYZ Pension, etc).
    Then he will cut rates with abandon.