>>20933746>Markets are pricing in a 63.5% chance of a 50bps cut in September>pic relatedhttps://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.htmlIn other words.. there is a 63.5% chance that we are going into a recession
In other words... there is a 63.5% chance that the S&P500 will fall another 20% from here within 2 years
Look at what they are doing, not what they are saying
They are pricing in a 63.5% chance of a hard recession..
