I also think they’ll cut and also believe the other article about the US headed toward zero interest rates forever because the debt is unsustainable without it. The debt is unsustainable anyway.
The scum may need to try to carpet bomb gold ahead of the cut in July. I think they’ll do 25 bps, not 50 but who knows? Bullard is one of the Fed’s chief mouthpiece liars.
Not really looking forward to Monday, especially with a thinly traded holiday week coming up.