Mike McGlone|8月 28, 2026 16:28
Only One Path for the Fed - Hike or Stocks Do It For Them
Fed funds futures are pricing for about a 90% chance of a 25-bp hike at the Oct. 28 meeting, about a week before the election! The entertainment value of President Trump's potential reaction makes that unlikely. A stock-market drop may be a top force to resolve the Fed's dilemma.
Could be a lose-lose for Bitcoin and gold.
Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/tk9nt9kgifq0 {BI COMD}
#Bitcoin #gold #stockmarket #federalreserve @BBGIntelligence(Mike McGlone)
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