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To: C210N

Markets are already pricing in a 25 basis point drop in the prime lending rate. Expect a short-term jump in the markets. This is like Hunter smoking a final bowl of crack before he’s sent to prison.


8 posted on 08/05/2024 6:06:31 AM PDT by Dr. Thorne (The Media is the Virus.)
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To: Dr. Thorne

Hunter sent to prison!?! Ha ha, that’s a good one!!!


12 posted on 08/05/2024 6:07:29 AM PDT by 9YearLurker
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To: Dr. Thorne
Expect a short-term jump in the markets.

Aka, 'Dead Cat Bounce'.

Watch out, that falling knife is VERY sharp.

23 posted on 08/05/2024 6:25:57 AM PDT by C210N (Mundus vult decipi, ergo decipiatur.)
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To: Dr. Thorne

I think the market is pricing a 75% chance they were going to do a 50 basis point drop in September...unless they cut them now.


25 posted on 08/05/2024 6:27:18 AM PDT by suasponte137
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