WSW Pro - After Fed Rate Cut This Metal No One Talks About Is Setup For Big Short Squeeze

Last week the Federal Reserve lowered interest rates by 50 basis points and then released projections for future rate cuts that frankly really surprised me.

Fed Funds futures have been pricing in 75-100 basis rate cuts by the end of the year, and I find it hard to really make an accurate prediction of what interest rates will do next year. Deep rate cuts can only be justified if there is a recession, which there is a good chance of. The Fed officials, along with their rate cut, put out “Dot Plot” predictions of interest rates going all the way down to 3.50 in a year. That’s a lot of rate cuts!

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