You can't make this up:
— The Kobeissi Letter (@KobeissiLetter) December 14, 2023
Markets now see a 21% chance that rate CUTS begin as soon as next month!
The base case shows a 69% chance of rate cuts beginning in March 2024.
There is even a growing 17% chance of TWO CUTS by March 2024.
Futures are implying anywhere from SIX to… pic.twitter.com/JwX8GLA7DZ