It’s been 3 months since the Fed
first cut rates and the 10-year Treasury yield is 86 bps
higher, moving from 3.66% up to 4.52%.
|
00:01 - 23/12/24
|
|
|
|
|
|
A meme coin featuring a dog was not speculative
enough. So they're rotating into one about flatulence
|
|
|
|
|
|
Another pretty big print of new lows vs new highs on
the NYSE. Not as bad as yesterday's, but today's move in the
indices was also barely led. This shows that underneath the
surface there's still a fair amount of weakness
|
|
|
|
|
|
The bond market is now pricing in just one 25 bps
rate cut by the Fed in all of 2025. Back in September six 25
bps rate cuts were expected.
|
|
|
|
|
|
Returns since election... -
Fartcoin:
+2,180% Dogecoin: +115% Tesla: +75% MicroStrategy: +53%
Bitcoin: +47% Coinbase: +44% US Dollar: +5.2% Trump Media:
+4.1% S&P 500: +1.7%
|
|
|
|
|