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August 26, 2016 | Rate Hike Odds Soar Following Yellen’s Speech: Before and After Snapshots vs. Yesterday

Mike 'Mish' Shedlock

Mike Shedlock / Mish is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction.

Just for grins, I took snapshots of the rate hike odds for September and December from CME Fedwatch this morning, then again just a bit ago, after Yellen’s speech.

Here are the results from before and after her speech compared to yesterday.

September Rate Hike Odds

Fedwatch 2016-08-26B

December Rate Hike Odds

Fedwatch 2016-08-26A

The market does not seem to be too pleased with this idea, at least at the moment.

mish

Mike “Mish” Shedlock

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August 26th, 2016

Posted In: Mish Talk

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