Already have an account? log in
This article is FREE for you
Create a free account and join institutional investors, analysts and strategists from the world's largest banks
By submitting your email address you agree to receive communication by email
Up Next: Powell Interrogation, US CPI, Big Bank Earnings
Anyone who bothers to show up for work this week will hear from Jerome Powell.
On Tuesday and then
OR, subscribe now for unlimited access
By submitting your email address you agree to receive communication by email
By submitting your email address you agree to receive communication by email
In other words, it’s about as meaningful as as .0002% surprise in some stat, but just as likely to be a probable cause of a jolt to a thin market?
It is damn silly, isn’t it? Seriously, what difference to the economy or corporate profits will a quarter point rate cut make??
Unless… it is something that will feed the maw of our friendly algos which matter so much more to stock prices than anything we parse and debate here.