Early Rate-Cut Priced-in? Which Asset is the best-performer?
@MaverickWealthBuilder：
In early Asian trading on Monday, gold surged by $70, breaking through $2100 and approaching $2150, reaching a new all-time high. The underlying logic behind this is that the Federal Reserve's interest rate hike cycle may have ended, and expectations of a rate cut continue to rise.According to CME's Fed watch tools, the market shows that the probability of the end of the Fed's rate hike cycle is almost 100%. The probability of the first rate cut in March 2024 has risen to 52%, and the futures market expects a 125bp rate cut for the whole year of 2024.Rate-Cut in Advance?Bill Ackman, a prominent figure in the financial industry, believes that the Federal Reserve may begin cutting interest rates in Q1 due to a faster-than-expected decrease in inflation. However, over the past two weeks, asse