LEAKED: Interest Rate Cuts Are Coming?!

From 'strong and resilient' to 'uh oh' in a heartbeat. The unemployment rate has intruded itself on the soft landing narrative, forcing a near-total rethink of the situation all across the mainstream. Some major bank strategists are now calling for aggressive rate cuts from the Fed at the same time the yield curve is beginning to flash bull. Eurodollar University's Money & Macro AnalysisEURODOLLAR UNIVERSITY ANNIVERSARY SALE PAGEhttps://www.eurodollar.university/anniversary-saleFed Chair Powell testimony (courtesy CBS News)https://www.youtube.com/watch?v=Og8W_VK1gMMFed Chair Powell prepared remarks before Congresshttps://www.federalreserve.gov/newsevents/testimony/powell20240709a.htmCNBC The Fed is ‘playing with fire’ by not cutting rates, says creator of ‘Sahm Rule’ recession indicatorhttps://www.cnbc.com/2024/06/18/economist-sahm-who-devised-recession-rule-says-the-fed-is-playing-with-fire-.htmlFortune The Fed could slash rates by 200 points over 8 straight meetings as the economy heads for a sharper downtrend, Citi sayshttps://fortune.com/2024/07/07/fed-rate-cuts-outlook-200-points-economy-sharper-slowdown-citi/https://www.eurodollar.universityTwitter: https://twitter.com/JeffSnider_EDU