🐋 WHALE WATCH: The macro narrative just took a massive hawkish turn.
Markets are now pricing in a 0% chance of any Fed rate cuts until 2027. Even crazier the FedWatch Tool shows a 55% chance of an actual rate hike by January.
Higher inflation forecasts are forcing the market to completely erase the soft landing thesis. The era of higher for longer is turning into higher for even longer.
$RONIN $EDEN $ENJ
Markets are now pricing in a 0% chance of any Fed rate cuts until 2027. Even crazier the FedWatch Tool shows a 55% chance of an actual rate hike by January.
Higher inflation forecasts are forcing the market to completely erase the soft landing thesis. The era of higher for longer is turning into higher for even longer.
$RONIN $EDEN $ENJ