@Josh_Young_1
a vvfish in its natural habitat
Ogee wrote: Fri Aug 05, 2022 9:10 pm zerohedge
@zerohedge
Goldman:
Market "will get hit hard (-200bps) on a print north of 372k (>prior read) as sooner than expected “fed pivot” convos will quickly be shelved."
On the other hand, "a relatively inline print (150k – 300k) mkt wont react to as traders will sit on hands and wait for CPI"
12:07pm · 5 Aug 2022 · TweetDeck
edit add
zerohedge @zerohedge
5m
Finally, "if jobs are lost and we get a negative print, tape will rally 100+bps as FOMO/COVER chase will (remain) on w/ early 2023 rate cut discussions gaining more momentum."
The numbers look good (like out of a fairy tale) and the US30 drops 200 points.... When the numbers look bad, the US30 goes North.Ogee wrote: Fri Aug 05, 2022 9:10 pm zerohedge
@zerohedge
Goldman:
Market "will get hit hard (-200bps) on a print north of 372k (>prior read) as sooner than expected “fed pivot” convos will quickly be shelved."
On the other hand, "a relatively inline print (150k – 300k) mkt wont react to as traders will sit on hands and wait for CPI"
12:07pm · 5 Aug 2022 · TweetDeck
edit add
zerohedge @zerohedge
5m
Finally, "if jobs are lost and we get a negative print, tape will rally 100+bps as FOMO/COVER chase will (remain) on w/ early 2023 rate cut discussions gaining more momentum."
yes, the betting is on when the Fed will turn from Hawkish (high interest rates) back to Dovish (expansionist mon pol QE etc) 'the Fed Pivot'.RplusT wrote: Fri Aug 05, 2022 10:38 pm The numbers look good (like out of a fairy tale) and the US30 drops 200 points.... When the numbers look bad, the US30 goes North.
Dow drops by 1%
Ogee wrote: Fri Aug 05, 2022 11:21 pm Dow has already dropped around 350 points or 100bps (1%) so if Goldman Sacs are right still around another 300 points to go.
