Liquidity moves markets!Follow the money. Find the profits!
The FOMC lower the Fed’s target rate by 25 basis points to 2.00%.
The NY Fed’s SOFR rate ballooned to 5.25%.
The GCF Repo Index ballooned to 6%/
The US Treasury and Dollar Swaps curves remain … kinky.
On the news, the Dow tanked over 160 points. Is the market signaling too little for the rate cut?
The Crazy World of … Jerome Powell.
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