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Tough Spot For Fed + SVB Coffee Crisis Chat

MRKT Matrix

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The Fed Don't Have the Balls to Pass Me on the Outside

Without this bank debacle we'd be at 95% chance of 50 basis points next week. I would argue that if it had actually been really low from a better than expected we might even see more of a market rally now. Do you remember 1990? Now I will tell you folks I could watch Tom Cruz read the phone book. There are maybe two or three of his movies that you know I won't watch because they suck. So indulge me for a second Danny.

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