iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,558 Blog Posts

The Market is Pricing in Zero Rate Hikes for the Next Year

Everything makes sense, with exception to the fact that the market doesn’t give a shit about the economy. It refuses to cede any real gains, as it pertains to chances of a Fed rare hike.

Yesterday, the chances of a September hike was 9%. Today it doubled, but only 18%. The chances for a December hike are just 40%. As a matter of fact, the market is pricing in zero rate hikes for the next year.

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Whatever.

The dollar is still up big, commodities down, stocks up.

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8 comments

  1. sethster99

    255,000 new temporary and part time jobs. What could be better? Everything points to a slowdown, but companies are hiring like mad.

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  2. trumpmeister

    There will be one rate hike. It will be in December after they rig the election for Crooked Hillary.

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  3. alty

    The frustration and disbelief that is apparent in your comment sections will be the kerosene on the flames of this rally.

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  4. uglyflint

    Safest time in history to be long. This market will never go down until Crooked Hill gives yellen the all clear after the election.

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  5. heckler

    The market is rigged. The election is rigged.

    TLT has a floor. Trump has a floor.

    But they’re both loooosers (sic) from here

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  6. og

    Does saying the election is rigged make Trump fans feel better? Lol

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  7. chuck bennett

    I’m sure it makes Bernie fans feel angry. No doubt the same for Trump fans

    Regards

    Chuck Bennett

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