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Here are just a few examples of the clear and concise commentary
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Short-term rate markets are priced for a 15bps rate-CUT in 2019 - which is the most dovishly priced since the crash at the start of 2019... This is massively divergent from the views of The Fed's current hawkish dot-plot... But, as former fund manager and FX trader Richard Breslow notes, it feels like the market is expecting an even more dovish outcome from the Fed this week than the forecasts already circulated. Via Bloomberg, Traders are using the word “expecting” as in “demanding” rather than “looking for.” It would appear that the Committee is... -Zero Hedge
No sooner did news break that Ford will be laying off 5,000 workers in Germany than it was also reported that the company's CEO, Jim Hackett, saw his pay rise to $17.75 million in 2018, despite what can only be described as a lackluster year for the company. The CEO's compensation was up about 6% in what he described as a "mediocre by any standard" year for the company. Hackett's total compensation was up from about $16.7 million in 2017. He benefited from increases to his salary, stock awards, perks and benefits, while his bonus pay fell, according... -Zero Hedge
Seemed appropriate: Dismal China data overnight did not help the fact that China's 'National Team' appears to have abandoned investors... European markets extended gains on the day (except DAX was unchanged)... US equity markets were broadly lower on the day with some last-hour rally monkeys rescuing The Dow briefly but a weak close sent everything lower( but a last second spurt of buying held The Dow green on the day)... S&P futures show a series of lower lows and lower highs today... It appears the short-squeeze ammo has run out... -Zero Hedge
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