Submitted by anon57842 t3_ygoryy in wallstreetbets
Comments
VisualMod t1_iu9lc5f wrote
>The S&P 500 Index is a broad measure of the stock market and is often used as a proxy for the health of the U.S. economy. The index includes 500 large-cap stocks that are widely held by investors, including pension funds, insurance companies and mutual fund managers.
MyPeePeeReversed t1_iu9ndto wrote
Goojus t1_iu9o8d5 wrote
Wait, are you serious? Is it priced in to the expectation that they would decrease it by .25?
Joecalledher t1_iu9t3qg wrote
Fedfunds futures are not indicating that. At close it they were pricing a roughly 30% chance of a 50bps hike and 70% 75bps.
anon57842 OP t1_iu9xa6u wrote
3% long term inflation target
graceful way to fold without necessarily abandoning short-term rates
[deleted] t1_iu9xppk wrote
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Joecalledher t1_iu9yj66 wrote
Those numbers are accurate now. I looked between 4-5pm in NY on Friday and it may not have been updated.
Joecalledher t1_iu9ywwf wrote
Also, I don't agree that any of these rate hikes are priced in. Market rallied on hopium and opex to the 20wk average. There's still a lot that needs to come out of risk assets before a 4.75-5.0 fedfunds is priced in.
[deleted] t1_iub90by wrote
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VisualMod t1_iu9lbjo wrote