I'm still seeing 60% at September

I wasn't buying any cuts at the start of the year, and not buying any now.

One observation does not a trend make but the 1Q24 GDP report was no bueno. 1.6% growth in a $2T annual stimulus tailwind is concerning.

Stagflation combines: high(er) inflation, low(er) growth, high unemployment. We only have two of three present. However, to tackle the first will certainly dent the latter two. If these conditions persist, it's just a crappy environment to be in.

Note: market yields up on slowing GDP is a bad tell, too.

In response to this post by HoodatB

Posted: 04/25/2024 at 12:52PM

Dow drops more than 500 points -- HokieDan95 04/25/2024 12:12PM

Must be factoring in Trumps rise in the polls. LOL. ** -- HooAskedYou 04/25/2024 4:00PM

Isn't that somethin' ** -- Lupos 04/25/2024 1:48PM

Haha - buh that makes DJT go down, too!!! ** -- ResistHoo 04/25/2024 12:42PM

DJT up 7 % -- HoodatB 04/25/2024 1:07PM

Look at you, Mr. Silver Linings! ** -- Hoodafan 04/25/2024 12:49PM

Ooops, rong again! DJT is AcKsHuAlLy up over 6%. ** -- ResistHoo 04/25/2024 12:55PM

Trump is even more powerful than global financial markets. Amazing. ** -- Los Angeles Hoo 04/25/2024 12:56PM

The same Trump you’ve repeatedly said is currently powerless? ** -- SixerHoo 04/25/2024 1:11PM

Sooper surprised Hoodick wasn't heer to report that noos. ** -- ResistHoo 04/25/2024 12:59PM

You mean look at me, me. RectalQueen busted me/you again this morning, me. ** -- ResistHoo 04/25/2024 12:50PM

Which makes it worth it ** -- HokieDan95 04/25/2024 12:43PM

Yes ** -- ResistHoo 04/25/2024 12:44PM

Buying opportunity ** -- Tuckahokie 04/25/2024 12:15PM

It'd be an excellent time to fill the shopping cart with META. -- Shenhoo 04/25/2024 1:04PM

Now the markets are not betting on a rate decrease this year and -- HoodatB 04/25/2024 12:23PM

I'm still seeing 60% at September -- Stimp 04/25/2024 12:52PM

I'm still seeing 60% at September

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