from King World News
This is why people in the US should not expect more Fed rate cuts anytime soon.
November 27 (King World News) – Peter Boockvar: The Fed in times of financial condition stress, such as in Q4 2018, have used that as reason to ease policy. Now that financial conditions are as easy as can be, they should at least show some policy symmetry and wait until January to next consider a rate cut as I expressed yesterday.
Financial Conditions (LOWER = EASIER) Don’t Justify Any Fed Rate Cuts