Powell's 'new phase'
Powell's 'new phase' just delivered a Christmas gift to vol traders 🎁
- Fed cuts rates by 0.25% but slashes 2025 cut projections (from 4 to just 2).
- Stocks tank, Bitcoin down 5%, USD rockets to 2-year highs.
- The VIX? Up 58% in a day. Volatility is back. How are you playing this?
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Powell's 'new phase'
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