It does feel a bit like the ground is shifting under our feet. The Fed was playing a high stakes game of will they/won’t they when it comes to a December rate cut. The CME group FedWatch tool has seen odds shift in dramatic swings of >20%, but it does now feel like a cut is the comfortable conclusion. This morning when I attempted to check however, the website had crashed and frankly I think that says a lot about how investors are growing weary of the stark divisions in the Fed. Secondly but by…
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