Market is so resilient, but how to justify it ?

May be market sometime is irrational. 

Today's news changed the narrative of market. Before today, the investors was expecting 50 bps cut in September and priced it in.  After today's data, that may be off the table. but there is no change of pricing.

May be the market is   still thinking of 50 bps cut, because of Trump. 

所有跟帖： 

• 不要忽略一點，降息是人（12個票委）決定的，而不是經濟基本麵（數據）決定的，搞定人就可以，不一定要搞定經濟本身 -能量守恒- ♂ (0 bytes) () 08/14/2025 postreply 10:53:25

• maybe the case -未知就是風險- ♂ (0 bytes) () 08/14/2025 postreply 10:56:09