[https://archive.is/20241209180141/https://www.bloomberg.com/news/articles/2019-06-11/don-t-be-so-sure-the-fed-is-cutting-rates](https://archive.is/20241209180141/https://www.bloomberg.com/news/articles/2019-06-11/don-t-be-so-sure-the-fed-is-cutting-rates) Old article, but relevant: >Deutsche Bank Chief Economist Torsten Slok and his team created this chart, which is appropriately headlined, **“The market is almost always wrong about what the Fed will do.**” The red line represents the path of the federal funds rate—i.e., the interest rate on overnight loans of bank reserves that the Fed controls. The dotted lines represent what traders in the futures market thought was going to happen to the funds rate. From 2001 to 2004, traders expected the funds rate to rise, but it fell. From 2004 to 2007, they expected it to flatten out, but it rose. From 2009 to 2016, they expected it to rise, but it stayed flat. Et cetera: Wrong every time. Even the Fed has a poor track record at predicting what the Fed will do: [https://www.morningstar.com/markets/why-is-everyone-always-wrong-about-fed](https://www.morningstar.com/markets/why-is-everyone-always-wrong-about-fed) Personally, I think 25bps cut this week, but slightly hawkish comments and a more conservative dot plot than what some bulls are hoping for

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They have to - if not t will ruin their lives

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Quick [Maffs](https://www.youtube.com/watch?v=M3ujv8xdK2w&t=1s&ab_channel=musiclyrics)

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T-minus 1 till RH liquidates your OTM puts

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Tech selloff, lead by tesla. TAKE YOUR PROFITS D-T-SIX REPORTING FOR DUTY

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#TSLA elevator down to 400 commencing in T minus 10 minutes. Load the boat with puts and TSLQ now!! LMAO

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F L A T

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UNH increasing lobbying spending and in talks with Trump officials. Remember when Donald T bought United Healthcare bonds for his own portfolio?

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Out of dat trades until Wed. Need a winning play T-T

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F R O T H Y

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