Steve Liesman - Journalism Major from Columbia with no trading expertise - hmmm, just not seeing the worth of his analysis.
Sorry guys/gals - been in this biz as long, I get a bit jaded at times with the press/media.
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You do not have to go to school to see the fed funds futures chart.
My post was to illue how will be the market's sentiment ahead of Fed. Not to encourage this guy for a MAJOR analysts whose words come directly from God...
And the exact same perspective is dispersed across all major newswires. Not ONE from a guy whose words come from God. It is how the market is looking at Tuesday....
Gees... So many times you need to post the explaination of the post he posted before...
Looks like bubble behaviour that is actual. Might be a good idea to keep the powder dry before the actual rate announcement; if it's less then half a stage there could be some good money to be made...
Cesarnc - that I was not making a jab at you by any stretch - I just have this uncontrollable reflex (been to find the doc about it) that forces me to remark on Steve Liesman when I hear or see him.
I know. . I feel the same
CBOT fed funds futures still pricing in 100% likelihood 25 pbs cut and now a 58% likelihood of a further 25 pbs cut.
Meanwhile 1 approach to track inflation is watch what commodities are doing and it do not look good, unless you are long .
ouch! You better hope he never reads this LOLOL
I actually dont mind that the never-traded-analysts. . .because the ones who have traded are jaded! Something about trading brings out the skeptic in us
I owe everything I ever did right to skepticism, then firm determination. The skeptic in you is the friend, do not you believe?
well, yes and no. Ignorance is bliss, although being skeptical certainly will help you succeed
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