Show notes:TMSpotlight:

05-27-2024 The Fed Leaves US "Right Where You Left Me"

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Links break up, links get married. Cycles get born, cycles get buried. Trends change, rumors fly through new lies, (with-TS only) Screens Right Where You Left them.

The Fed minutes underscored its “higher for longer” outlook, resulting in a flattening yield curve and a sharp fall in Gold prices.

Will fireworks arrive before July 4th? Over the next three months, expect big bangs and surprises from new data and European elections, but no later than the Fed’s first ease on September 18.

Expect mortgage rates to stay below 7.5% and go below 6.0% before the end of the year.

Powell, you left us no. You left us no choice but to wait here forever

These views are mine. Wait with hope at TMSpotlight.com.

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Song: Right Where You Left Me (2021)