Episode 29: Fed Funds Rate Predictions: Betting on 75 vs. 50 Basis Points - Who's Winning?

The CME has what is called a futures indicator of the Fed funds rate.So you can buy futures, basically place bets on whether the Fed will make a 75 basis point rate hike or a 50. 100% of the bets have one of those two choices.Everyone thinks the Fed is going to hike at least 50. I think they'll do the 75. That's my opinion, not because it's slightly favored, but because inflation can come back.Inflation is the invisible tax that will take away everyone's money.The amount of money on balance sheets, not just personal balance sheets, but also corporate balance sheets is massive.There's trillions of dollars sitting on the sidelines to either be deployed or if there's a job loss, act as reserves. If we do go into a job loss led recession.It's still debatable whether we're in a recession or not.It's tough now for lenders and smaller lenders are not going to make it unless they really niche down on Non-QM.Stay up-to-date on all the latest news, updates, and exclusive content by following us on all of our social media accounts! https://linktr.ee/kptalksdollarsandsense#KPTalks