Hello, fellow robo capital. I hope you're well. So we have big news that I want to go over.

Actually, the news is within me connecting some dots for you guys about what the Fed's next move will likely be.

Let's go right over to Fed Watch because we do have a Fed meeting coming up in about a month.

And if we go over to Fed Watch, we can see that right now the probability is 75% the Fed will pause rates or keep rates where they are right around 4.3%. A 25%

roughly percent chance that they cut by 25 basis points. Now, what's really interesting

is when I was setting up to do this video, the odds were actually different. When I was

setting up to do this video, and this was a half hour ago, the odds were actually different. When I was setting up to do this video, and this was a half hour ago,

the odds were like 79%, very close to 80. So it seems like the market is front running this video.

Maybe they've got a bug in my office somewhere that they're listening to me. I don't know.

That's probably a topic for a separate video.

But anyway, right now, it's about 75% the Fed will stay right where they are.

Now, if you listen to Jerome Powell come out yesterday, he's leaning towards, or at least

based on his rhetoric for what that's worth, he's leaning towards keeping

rates where they are. But we have some dissent within the Federal Reserve. I want to get into

that. I want to get into some data. And the punchline here is I think these wades, these odds are

way off, way off. And I might be adjusting my personal portfolio as a result. So let's start by

going over a timeline what's happening recently with the Federal Reserve. So Powell won't rule out.

This is the latest thing. I don't know how they're coming to that conclusion, but I guess it's

based on the prepared comments or remarks he made today

about an hour ago. So let me get into this here. Below our Chair Powell prepared remarks to the House

Committee on Financial Services. He's expected, okay, got it. But a reserve remains squarely focused on

achieving our dual mandate. And I think one of these things that I read was talking about how Powell is saying that

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