X @Easy
Easyยท2025-11-14 00:37
If you are wondering what is driving this sell off for many risk-on assets.Look no further.Market was pricing in a December rate cut(odds were 80%+)Now that the October job data and other relevant financial data is likely NEVER being released...There is limited data for Powell to go off of for December.In turn, the market has uncertainty.You know what doesn't like uncertainty?The market.Hence the price action.Give it a week, and we should have a clearer picture imo for what December will hold. ...