Oddbean new post about login | logout Gold is at ATH and a double rate cut is coming up in two days by The Fed. The bullrun will start very soon. Make sure you’ve stacked enough.
Double rate cut ? It’s going to be 25bps cut only
I think they haven't decided yet. Otherwise they would leak it to test the markets. They don't like announcing things with uncertainty. Nick T should have the answer shortly I think. But 50bp would be correct and they seem to be trending that way.
Let’s see , I don’t think it’s going to be a 50bps cut though
Great call 🙌