The probability of the Fed cutting interest rates in January has fallen again, from 31% last week to now below 20%, completely changing the market.
The probability of keeping interest rates unchanged in March is as high as nearly 45%, and it is estimated that this will last until the second half of next year, so still: don't rush to bottom fish.
Many people think that now should be the bottom and are considering building positions in batches, but if you are trying to catch the bottom now, you are simply gambling.
Protect your principal, let's see the two FOMC meetings on January 28 and March 18 before making any decisions, don't gamble when uncertainty is at its highest.
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The probability of the Fed cutting interest rates in January has fallen again, from 31% last week to now below 20%, completely changing the market.
The probability of keeping interest rates unchanged in March is as high as nearly 45%, and it is estimated that this will last until the second half of next year, so still: don't rush to bottom fish.
Many people think that now should be the bottom and are considering building positions in batches, but if you are trying to catch the bottom now, you are simply gambling.
Protect your principal, let's see the two FOMC meetings on January 28 and March 18 before making any decisions, don't gamble when uncertainty is at its highest.