Nice little rally yesterday, but can we extend it into today?
I kind of think we need a rally that bounces at least another 10% or we might just be stuck here for a while.
USD flat, rates down a couple bips.
The Beige Book yesterday was far more dovish than they let on, and the Fed is yapping for higher interest rates is getting more intense, they are lying. I don’t think they’ll do 75 bps this month, methinks only .50