>
DEVELOPING: Powerful Magnitude 8.7 Earthquake Near Russia's Kamchatka Peninsula...
Sam Altman Sees 1 Million GPUs Online By Year-End 2025
The Bubble Is Bursting: Delinquency Rates Have Doubled And Credit Card Defaults Are Soaring
Trump issues Ultimatum to Putin "End this war now or else," Russia not backing down | Reda
"No CGI, No AI, Pure Engineering": Watch Raw Footage Of 'Star Wars'-Style Speeder
NASA's X-59 'quiet' supersonic jet rolls out for its 1st test drive (video)
Hypersonic SABRE engine reignited in Invictus Mach 5 spaceplane
"World's most power dense" electric motor obliterates the field
The Wearables Trap: How the Government Plans to Monitor, Score, and Control You
The Streetwing: a flying car for true adventure seekers
Magic mushrooms may hold the secret to longevity: Psilocybin extends lifespan by 57%...
Unitree G1 vs Boston Dynamics Atlas vs Optimus Gen 2 Robot– Who Wins?
LFP Battery Fire Safety: What You NEED to Know
Final Summer Solar Panel Test: Bifacial Optimization. Save Money w/ These Results!
By Peter Tchir of Academy Securities
The Fed Dot Plod
Suddenly everyone is raising the number of Fed cuts this year and early next year. Without a doubt Friday's job report was Weak with Few Redeeming Qualities. While we argued that the Fed SHOULD have cut at the July meeting, there are several reasons why the market may be getting ahead of itself in terms of rate cuts and bond yields.
In any case, while last weekend's title of Baby Pool Closed for "Maintenance" may be even more appropriate this weekend (clearly something is going on that markets don't like), we are going with the Fed Dot Plod, because the Fed is now likely going to plod along slower than what the market priced in by the end of the week.
It is somewhat awkward to be bearish on the economy, while expecting the Fed to now disappoint, but we think there is evidence to support it.