3 ms·
There will definitely be some as things take time to propagate, but my estimate would be a reversal in the end of 2024 when feds are going to lower interest rat
by ActorNightly 3y ago
There will definitely be some as things take time to propagate, but my estimate would be a reversal in the end of 2024 when feds are going to lower interest rates. This coupled with the AI hypetrain is going to drive competition to get established in the space.
- ttymck 3y ago"_when_ feds are going to lower interest rates" is awfully presumptuous, don't you think?
- toomuchtodo 3y agohttps://www.reuters.com/markets/us/fed-cut-q2-probably-june-economists-less-dovish-than-markets-2024-01-23/ https://www.reuters.com/markets/us/fed-cut-q2-probably-june-... https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html https://www.cmegroup.com/markets/interest-rates/cme-fedwatch...
- ttymck 3y ago"The minutes of the December meeting suggest that there has not been an elaborate discussion of the cutting cycle yet" Economists "expect" a rate cut in June, but this is not to be confused with the FOMC actually declaring intent for a rate cut.