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US Economy: Are Market Bets on Fed Rate Cuts Overdone?
Bloomberg Televisionยท 2025-09-01 09:05
Is that too much complacency out there, do you think. I certainly think that is the case. I mean, looking at hedge funds, kind of betting on shorting the VIX, the most we've seen in three years really does suggest that they expect this comp to persist.I think we expect greater volatility if we do see some of this economic data materially surprise to the upside of the downside, just given that equities have really been predicated on the Fed easing coming through quite materially. We have about five rate cuts ...