Something doesn't add up here:
— The Kobeissi Letter (@KobeissiLetter) September 21, 2024
This week, the Fed started rate cuts with a 50 basis point cut for the first time since 2008.
Even 1 week prior to the decision, market odds overwhelmingly supported at 25 basis point cut
Was the Fed pressured into a larger rate cut?
(a thread)
Ultimately part of our master plan
https://www.cjr.org/local_news/hyperlocal-listening-montclair-pod-new-jersey-podcast-torabi-schreiber-sherrill.php?mc_ci...