Will the Fed Be Able to Raise Rates?

The correct answer was wheat, nice or dry. I was waiting for it. The next 20 % decline in stocks, watch for the fed speakers to start talking. There's no sign of a crashing of two year yields, that's when we'll know. And also re steepening of the yield curve that the fet is actually thinking about cutting rates. So i wrote a piece a few weeks ago about the relationship between two year yields and fed funds. That was an important study to show that watch two year yields coming down to tell us when the fed is going to cave. But they're not there right now. They're where they are. We look like 75 basis points in july