A call like this cracks me up. The market is 95% priced in for an October cut already and 85% for October and December. Welcome to the party guys, there is still room on the bandwagon.
In actual market moves, it's notable that the Fed funds pricing has crept dovish again, shaking off the hawking moves a couple weeks ago. We're back to 105 bps priced in for the year ahead from a low of 94 bps at one point. That's dollar bearish and positive for stock markets.
