Fed Chair Kevin Warsh warned that the Fed may have โwork to doโ if inflation isnโt convincingly heading back to the 2% target. ๐ฅ Markets are now pricing in a 60% chance of a rate hike next month, up from 35% before his speech. ๐ ๐ฅ Treasury yields jump 2Y: 4.34% (+11 bps) 10Y: 4.72% (+5 bps) ๐ Growth stocks getting crushed: ๐ด $NVDA -4.24% ๐ด $OKLO -4.7% ๐ด $NBIS -5.1% ๐ด $CCO.TO -5.4% ๐ด $LUNR -5.5% ๐ด $IREN -13.2% ๐
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11 Comments
Matt @tissuet ยท 25d
At this point I just want it to happen already
Keith McCarthy@aqueous120 ยท 25d
Keep in mind, when they say 2% they actually said 2.9%. So basically 3%. Not like this is the real number anyway but I digress.
Travis Cottrell@drniptrades ยท 25dEdited
Um $IREN was already down because of earnings not the fed.
Samuel @islandlife2014 ยท 25d
Love that quote!
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