The market is never buying the rate cut itself, but rather the moment when the expectations of the rate cut are rewritten.


The surge yesterday seems to be the result of the December interest rate cut, but the underlying drivers are actually two things coming together:
One is that the probability of a rate cut in December has suddenly been re-evaluated;
Another is that Old Trump directly cools down the policy towards China;
So, the market is not pricing in a rate cut in December, nor is it pricing in geopolitical factors, but rather it is pricing in the liquidity inflection point in 2025. #Gate广场圣诞送温暖
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)