Post by
garyreins on Jul 31, 2024 4:08pm
FCR couldnt gain on strong results
Looks like we hit a wall, get ready for more PAIN. The feds plan is always to cut "maybe later" and it just aint going to come
Comment by
DZtrader on Jul 31, 2024 4:40pm
Sorry Fed is right on target and has telegraphed everything very clearly over the last year. They have indicated a September cut which at this point would likely take a reasonably significant bit of data to derail. Thanks just the same.
Comment by
Torontojay on Jul 31, 2024 5:22pm
You are wrong. The Fed revised their dot plot and changed their forecast from 3 rate cuts to just one. They are data dependent remember? I would follow the bond market not the Fed. https://www.bankrate.com/banking/federal-reserve/how-to-read-fed-dot-plot-explained/
Comment by
Torontojay on Jul 31, 2024 8:27pm
Wrong Mr google. Try again.
Comment by
jmkOttawa on Jul 31, 2024 8:50pm
Don't get sucked into debating this insulting person DZ. Life is too short.....
Comment by
Torontojay on Jul 31, 2024 9:17pm
The only thing short is Justin Trudeau's time as prime minister. The good days are over Ottawa. C'est la vie.