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Something for your Espresso: Panic before ATHs in January?

While Powell spooked positioning with the biggest relative VAR shock since March 2020, an influx of liquidity is just around the corner. Perhaps Powell has actually lowered the bar for easing in 2025 by hawking up the projections—September in reverse?
2024-12-19

While Powell spooked positioning with the biggest relative VAR shock since March 2020, an influx of liquidity is just around the corner. Perhaps Powell has actually lowered the bar for easing in 2025 by hawking up the projections—September in reverse?

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