The jobs data and unemployment numbers last week were a mixed bag. With November inflation being down it did look like it was only going to be a 25bp cut. But the Trump tariff threats and high unemployment seem to be working against that. So it's another 50bp cut. I used to think 2.75 next summer would be the floor...but who knows maybe it will be 2.25.
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"Some guys like old balls"
Patriots QB Tom Brady
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