The Financial Times notes the Odds of Fed Rate Cut in 2019 Jump as Growth Outlook Dims.
January 3, 2019 vs December 3, 2018
The above chart is from CME Fedwatch with my anecdotes in blue.
Mike “Mish” Shedlock
ALWAYS CONSULT YOUR INVESTMENT PROFESSIONAL BEFORE MAKING ANY INVESTMENT DECISION
January 3, 2019 | Rate Cut Odds Soar on Weak Data
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.
A month ago, Fed Fund Futures implied a 72.9% chance of at least one hike. They now imply a 38.9% chance of at least oneSTAY INFORMED! Receive our Weekly Recap of thought provoking articles, podcasts, and radio delivered to your inbox for FREE! Sign up here for the HoweStreet.com Weekly Recap.
Mike 'Mish' Shedlock January 3rd, 2019
Posted In: Mish Talk
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