Fed Rate Cut Odds For December Nearly Double After NY Fed’s Williams Signals ‘Room For Further Adjustment’ According to data from the CME FedWatch tool, there is now a 70.9% probability of a 25 basis point rate cut in December, up from 39.1% a day ago.
BLS Delayed September Jobs Report Shows Stronger Hiring, But Unemployment Rate Climbs To 4-Year High According to the BLS report, nonfarm payrolls increased by 119,000 in September, notably higher than the 50,000 expected by analysts.
Ray Dalio Warns Parallels Between Economic Bubbles Of 1929, 2008, And Today Are ‘Striking’ During an interaction with Andrew Ross Sorkin, Dalio highlighted that the common theme across the three eras is significant debt.
US ETF Inflows Hit Record Pace—VOO, SPY, QQQ Drive Big Three's Dominance Of $13 Trillion Market VOO, SPY and QQQ are driving record U.S. ETF inflows as the Big Three cement their hold on the $13T market.
Fed’s Miran Calls For A ‘Minimum’ Of 25 Bps Rate Cut In December: Report Miran had voted in favor of 50 basis point rate cuts during the previous two meetings of the Federal Open Market Committee.
Paul Krugman Says Trump’s Tariff Policy Could ‘Melt Down Into A Puddle Of Incompetence And Humiliation’ Krugman criticized the Trump administration’s tariff policy for hurting 90 years of efforts that went into U.S. trade liberalization and violating international agreements.
Ray Dalio Says Fed’s Quantitative Easing Is ‘Stimulus Into A Bubble’ Dalio’s comments come at a time when the Fed has announced that it will halt its QT program on December 1, with its balance sheet currently standing at approximately $7 trillion.
Fed Cuts Rate By 25 Basis Points, In Line With Expectations The key borrowing rate has now come down to the 3.75% to 4% range, in line with market expectations.
