This, from Bloomberg, conveys the (correct) notion that the #FederalReserve’s interest rate signaling is a hostage of the fluctuating winds caused by high-frequency data releases that capture both noise and signals in changing importance. It speaks to something I have been… pic.twitter.com/Tq4PE0kCnl

🇺🇸 Traders Add Bets That #Fed Will Skip Interest-Rate Cuts This Year – Bloomberg www.bloomberg.com/news/articles/2024-04-23/traders-add-bets-that-fed-to-skip-interest-rate-cuts-this-year pic.twitter.com/MiE6qWaINg

🇺🇸 The #Fed’s Forecasting Method Looks Increasingly Outdated as Bernanke Pitches an Alternative – Bloomberg www.bloomberg.com/news/articles/2024-04-21/fed-s-forecasting-method-looks-increasingly-outdated-as-bernanke-pitches-new-way pic.twitter.com/CvellEBIXj

Yields on 10-year Treasuries have been above the S&P 500 earnings yield for three straight weeks. This is the first time we're seeing this since 2002: Jonestrading's Michael O'Rourke pic.twitter.com/sXRbvS82Gp