Latest / Wall Street Truthbombs Podcast
NO MORE GUIDANCE: Why Today's Fed Decision Will Shock Wall Street!
One-third of the market is suddenly pricing in a Fed rate HIKE today, as Chairman Kevin Warsh eliminates forward guidance and leaves Wall Street blind. In today’s Wall Street Truthbomb, Chief Investment Officer Mark Malek explains why traditional interest rate forecasts are failing, how the FOMC is split behind a wall of unanimous votes, and why central bank policy is changing ahead of today's 2:00 PM decision.Mark breaks down the decision to ditch the dot plot, analyzing sticky core inflation at 2.6%, crude oil war premiums, rising 10-year Treasury yields sitting at 4.69%, and a cooling job…
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