The market got its 25 basis-point US interest rate cut! And then it got a somewhat confusing speech from Fed Chair Powell implying to many that it is a “one
The market got its 25 basis-point US interest rate cut! And then it got a somewhat confusing speech from Fed Chair Powell implying to many that it is a “one
Markets took their cue from the Federal Open Market Committee’s guidance from Wednesday evening onwards as Fed Chair Jerome Powell all but conceded that the Fed will cut US interest
Bloomberg reports that hedge funds are accumulating large short positions in the CBOE Volatility Index or VIX at “rates not seen in at least 15 years!”