Loading ...Rates in the U.S. are now going to zero like the rest of the world, the bond market is forcing the Fed’s hand.
You should probably bank on that trade, maybe even sooner than you think.
I don’t see how the Fed does anything less than a .5% rate cut in Sept. Anything less will force rates down even further.
With regards to Bob Hoye….who knows…he has the Cabal on his side…