Thing is rates SHOULD go up, a

Thing is rates SHOULD go up, and usually we are price takers, following what the US feds do.
With all the mess and inflation in the USA, mostly created by the president himself, interest SHOULD be going up up to arrest the trend.
However the Donald fancies himself an expert and instead wants the rates LOWERED, even resorting to putting in place a puppet (who the wider market somehow convinces themselves, is a financial hawk).
At the first given opportunity, Warsh (the newly installed Fed chair) chose to hold rates steady, which was mind-blowing to say the least, and the market should have taken a huge punishment.
Now the gamble gets pushed back another quarter: everyone is convinced that this time round the rate will really go up. [LOL] [LOL]
The market is gambling, and we actually price in these reckless bets for the banks, this is borderline insanity.

Big Five Banks Kick Off Q2 Earnings Tuesday — Who Sets the Tone?

JPMorgan, Goldman Sachs, Citigroup, Bank of America, and Wells Fargo report Q2 results before Tuesday's open, firing the first shot of earnings season. Markets will focus on net interest income trends, investment banking and trading performance amid elevated volatility, and credit provisions signaling consumer health. With rate path uncertainty and geopolitical headwinds clouding the outlook, will the banks' H2 guidance and credit cost trajectories lift market sentiment or deliver a cold shower?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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[LOL] [LOL]\n \n The market is gambling, and we actually price in these reckless bets for the banks, this is borderline insanity.</body></html>","htmlText":"<html><head></head><body>Thing is rates SHOULD go up, and usually we are price takers, following what the US feds do.\n \n With all the mess and inflation in the USA, mostly created by the president himself, interest SHOULD be going up up to arrest the trend.\n \n However the Donald fancies himself an expert and instead wants the rates LOWERED, even resorting to putting in place a puppet (who the wider market somehow convinces themselves, is a financial hawk).\n \n At the first given opportunity, Warsh (the newly installed Fed chair) chose to hold rates steady, which was mind-blowing to say the least, and the market should have taken a huge punishment.\n \n Now the gamble gets pushed back another quarter: everyone is convinced that this time round the rate will really go up. [LOL] [LOL]\n \n The market is gambling, and we actually price in these reckless bets for the banks, this is borderline insanity.</body></html>","text":"Thing is rates SHOULD go up, and usually we are price takers, following what the US feds do. With all the mess and inflation in the USA, mostly created by the president himself, interest SHOULD be going up up to arrest the trend. However the Donald fancies himself an expert and instead wants the rates LOWERED, even resorting to putting in place a puppet (who the wider market somehow convinces themselves, is a financial hawk). At the first given opportunity, Warsh (the newly installed Fed chair) chose to hold rates steady, which was mind-blowing to say the least, and the market should have taken a huge punishment. Now the gamble gets pushed back another quarter: everyone is convinced that this time round the rate will really go up. [LOL] [LOL] The market is gambling, and we actually price in these reckless bets for the banks, this is borderline insanity.","highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"link":"https://ttm.financial/post/586522329604296","repostId":0,"isVote":1,"tweetType":1,"viewCount":69,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":717,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/586522329604296"}