Bad Taste - September 17, 2024 - 50 Basis Point Rate Cut Speculation Intensifies

The tastylive network

Traders discuss high implied probability of a 50 basis point Fed rate cut ahead of the decision, despite expectations of a 25 point cut. Portfolio updates: Moderna's sell-off, speculative vs. responsible portfolios, bullish positions in gold and AMD, Russell index volatility, and concerns over QQQ options. Discuss upcoming earnings for General Mills, Cracker Barrel, and FedEx. Closed with Alan Greenspan trivia, touching on the historical context of past Fed rate decisions.