CIO Thoughts: Be careful what you wish for. A 50bps cut would imply a recession and potentially a significant downturn for the S&P 500.
The probability of a 50bps rate cut has steadily increased over the past week (it is 63% as of today). The Fed has only cut 50bps in a...
Sep 16, 20245 min read
Â
How did we get here, and what's the path forward?
Where are we? Powell’s presser not acknowledging a potential for a 50bps cut + BOJ surprise hike + poor ISM + Poor NFP + liquidity in...
Aug 5, 20244 min read
Â