​Bitcoin & Big-Tech Battered, Bonds & Black Gold Bid As Rate-Cut Expectations Soar – Tyler Durden

Bitcoin & Big-Tech Battered, Bonds & Black Gold Bid As Rate-Cut Expectations Soar A quiet macro day ahead of the coming storm with just soft-survey data hitting. But having said that US Empire Fed Manufacturing exploded higher (smashing expectations by six standard deviations in September, +11.5 vs -4.0 exp, vs -4.7 prior)… Source: Bloomberg However, it was the WSJ’s Greg Ip that prompted some chaos in markets with his weekend piece pitching 50bps cut this week. The market is now pricing in around 70% odds of a 50bps cut this week… Source: Bloomberg We do noted that 2025 rate-cut expectations…  — Continue at ZeroHedge News : Read More