Is the US Treasury Secretary's outcry at this moment an act of defiance against humanity? I predicted that the probability of no rate cut was low, a 25% rate cut was high, and a 50% rate cut was very low! I hadn't considered a rate hike! If a rate hike were to happen, I think we'd all know the market would plummet, giving us a chance to get on board. I still think he's just throwing a smokescreen, signaling to the market that a rate hike might be coming, creating unexpected market momentum for a 25 basis point cut, and thus driving up US stocks! Calling out now doesn't make much sense. I believe no one believes a rate hike will happen!
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