Wall Street Expects TOO MANY Rate Cuts!
Wall Street Expects TOO MANY Rate Cuts!
Jim Welsh of Macro Tides sits down with Blake Morrow to discuss the markets ahead of next week’s key jobs report that everyone is waiting for. Jim discusses the conversations the hawks and doves are having at the Federal Reserve and believes the market is too aggressive in rate cut pricing, and thinks next week’s jobs report will not be weak enough to get action from the FOMC.
Jim gives his technical views and Elliot Wave counts for the US Dollar, Gold, 30yr yields, and the S&P 500.
#Fed Fund Rate PCE
#FOMC Neutral Rate
#Wall street rate cut expectations
#trading_news #trading_analysis #trading_interview #tradersummit #markets #market_analysis #forex #forex_trading #forex_trading_interview #Jim_Welsh #SPX #USD #S&P500 #Bonds #Gold #interest_rate_news #Fed #FOMC #Jackson_Hole #BLS #jobs #revisions
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