print-icon
print-icon
premium-contentPremium

Goldman: December Rate-Cut "Feels Sealed"

Tyler Durden's Photo
by Tyler Durden
Authored...

For a few minutes early Friday morning, it seemed shaky, like the bottom was about to fall out of the market as bitcoin was about to plunge below 80K and all key support S&P levels were triggered and relentless systematic selling had engaged. 

But, as Goldman's Jan Hatzius wrote overnight, though badly delayed, the September jobs report may have sealed a 25bp cut at the December 9-10 FOMC meeting.