Cartoon of the Day: The Cuts Old Wall Needs, Not the Ones They Deserve - 01.17.2024 Batman Fed cartoon

We hope you enjoy our cartoonist Bob Rich's take on Wall Street's pleas for a rate cut.

“What a joke Wall Street’s ‘Fed Fund Futures Expectations’ (more like bullying the tape and hoping the Fed panders) have become,” Keith McCullough wrote five days into 2024. “'Expectations' for a March cut went to 97% into the year-end comp markups.”

Now, just over two weeks into the year, the odds of a rate cut are down to 61%.


Join New Subscriber Orientation

Hedgeye University | Become a Better Investor

Hedgeye Education Center | Learn More About Hedgeye

WATCH | Top 10 Webcasts of 2023 at Hedgeye

WATCH | Position Sizing A Long-Only Portfolio with Keith

New Product Alert: P.S. Insights

FREE Edition: 1/12 Momentum Stock Tracker

Hedgeye Live | Tickets Are Available Now

Free Edition of The Macro Show - Recession Risk Rising: Are You Prepared?