Horse
@TheFlowHorse
Fmr prop trader. L/S, mostly short term. Flow and Trend. Founder of @tradingstable. Dad to two girls, married one of those horse ladies. Views Not Advice.
Joined November 2017
4K Following 286.4K Followers
Completely agree.
Every FOMC decision is a 50/50 toss up now that the Fed doesn't explicitly tell you what they're going to do, but 60% odds of a hike seem wrong. Treating Warsh’s lack of guidance as inherently hawkish is a mistake. There is a higher variance around outcomes now, but that doesn't mean a higher probabilty of a new outcome.
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