​A Crystal Ball Isn’t Enough: The Importance Of Context – Tyler Durden

A Crystal Ball Isn’t Enough: The Importance Of Context Authored by Michael Lebowitz via RealInvestmentAdvice.com, On September 18, 2024, the headlines read the Fed cut the Fed Funds rate by 50 basis points. At first blush, one would think that a trader with a crystal ball a couple of days before the Fed action would buy bonds and lick their chops over the money they would soon make. In this case, the crystal ball was a curse. Bond yields rose following the rate cut despite what many investment professionals perceive to be a bullish event. If you scour the media,…  — Continue at ZeroHedge News : Read More