The DXY is taking a nosedive and already at 100.7, looks like the market is pricing the cuts in.
this territory is moderated
It's risk on environment, yes. I think You'll see moving money from record high MMFs now along the risk curve. Global liquidity is growing fast, too.
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47 sats \ 3 replies \ @jp305 23 Aug
Wasn't that already priced in?
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No. Clearly not. Markets need the clown's 'word' to be convinced of what You can see with Your own eyes
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47 sats \ 1 reply \ @jp305 23 Aug
Well, I do think we are pricing in substantial rate cuts and job losses/worst economy
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And the rising debt
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