Making sense of macro - US SPECIAL EDITION - 10th February
Tonight #beatnussbaumer and I will be going through the twists and turns of #fomc , the US #macro picture and why this old dog has the least amount of fleas. Remember the data has not materially changed yet. Citi surprise Index - yes - granted but ISM's ? The jury is out.
Let's wait for some hard data before we expect a more "dovish" FED
Maybe Jay Powell acted first because he's just rather GOOD at his job. Either way Draghi, RBA, BOE and a few others loved "air cover" as previously posted via El Erian and his FT quote.