OT: American Politics

[MindzEye]

View: https://x.com/DougJBalloon/status/1811406837654102231?s=19

 

[CH1]

View: https://x.com/carlquintanilla/status/1811408493514997970

hmmm...yield futures have been calling for a September cut for a while

JP is slow.

 

[zeke]

View: https://x.com/HowardMortman/status/1811413916611924240

 

[zeke]

hmmm...yield futures have been calling for a September cut for a while

JP is slow.

i mean today's inflation report wasn't a shocker but was better than expectations.

 

[Preston]

Rate futures went from around 70% chance of a cut to 85% on the report today.

 

[CH1]

i mean today's inflation report wasn't a shocker but was better than expectations.

Agreed. But the trend has been better than expected for a while

 

[CH1]

That’s why the market is selling of a bit today, the better than expected news was already priced in

 

[FlyGuy]

(inflation is now pretty close to the target range, this is a good thing!)

Yeah I guess if you think 3% is the ideal (or secret fed) target.

I'm just waiting for the economic prints to finally give up the gig once the election is over and see the real data.

 

[FlyGuy]

hmmm...yield futures have been calling for a September cut for a while

JP is slow.

You're not up to date. It had decreased substantially prior to this week. It was being price more for November, previously.

 

[FlyGuy]

That’s why the market is selling of a bit today, the better than expected news was already priced in

Maybe it was yesterday. Nikileaks has been communicating the sooner cut for the last week or so.

 

[Preston]

That’s why the market is selling of a bit today, the better than expected news was already priced in

Rotation too tho..small caps and rate sensitive products are blasting.

 

[Preston]

You're not up to date. It had decreased substantially prior to this week. It was being price more for November, previously.

Went from a 70% chance of a cut in September to an 85% chance

 

[CH1]

Rotation too tho..small caps and rate sensitive products are blasting.

Indeed. RTY is up over 3% today

 

[zeke]

View: https://x.com/DailyCaller/status/1811425730607063360

 

[FlyGuy]

View: https://x.com/DailyCaller/status/1811425730607063360

Republicans can never vote as a unit. Such a pathetic group.

 

[FlyGuy]

Also, why did the common sense bill to disallow illegals from voting not pass? I'm bewildered by that.

 

[zeke]

View: https://x.com/Fritschner/status/1811424327289512032


View: https://x.com/Fritschner/status/1811424921039384864

 

[zeke]

Also, why did the common sense bill to disallow illegals from voting not pass? I'm bewildered by that.

well it did pass the house. it just won't pass the senate, obviously.

because it's already illegal for illegals to vote.

 

[zeke]

View: https://x.com/keithboykin/status/1811394907942400168

 

[FlyGuy]

well it did pass the house. it just won't pass the senate, obviously.

because it's already illegal for illegals to vote.

It is not. Just the other day I saw an Arizona voting for that said if you do not have proof of citizenship you can't vote in the state election but they can give a federal election form for them to vote with.