Stocks Panic-Bid – Erase PMI Plunge As Rate-Cut Odds Hit 90%

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Stocks Panic-Bid – Erase PMI Plunge As Rate-Cut Odds Hit 90%

It appears the bad news is good news algos are back…

Stocks Panic-Bid - Erase PMI Plunge As Rate-Cut Odds Hit 90%

As stocks crashed after the dismal ISM data…

Stocks Panic-Bid - Erase PMI Plunge As Rate-Cut Odds Hit 90%

…the odds of an imminent rate-cut soared above 90%…

Stocks Panic-Bid - Erase PMI Plunge As Rate-Cut Odds Hit 90%

Don’t worry – The Fed will save us all, right?

 


Tyler Durden

Thu, 10/03/2019 – 11:08

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Author: HEDGE

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