4.6 • 757 Ratings
🗓️ 20 September 2022
⏱️ 42 minutes
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0:00.0 | Hey, it's Guy here, and you're listening to an audio broadcast of Market Call. That's MKT Call. |
0:06.2 | It's a video series I do with Dan Nathan every Monday through Thursday live at 1 p.m. Eastern. |
0:12.5 | We break down the big market moving headlines and offer trade ideas. Each week, we are joined by |
0:18.0 | Carter Worth of Worth Charting and Liz Young from SoFi for their investment analysis. |
0:23.0 | So check it out. And if you like it, follow at Market Call on Twitter and subscribe to Risk Reversal's MKT Call. I am Dan Nathan. I am joined by the illustrious danny moses danie moses is |
0:56.9 | the podcast partner of mine and guy adami's on the tape podcast that drops every friday morning |
1:03.1 | in your podcast store so check it out but again this is market call just so you guys know i did talk |
1:08.5 | to guy adami this morning he is in sicily he does miss you and he had one word for some of our friends. Toggle. Okay. All right. We're going to later be joined by a guy that is kind of hit finance Twitter by storm. He's called Alf, but we like to refer to him as Alf Pecatielo. |
1:31.1 | He writes the macro compass, and he is a brilliant macro mind. |
1:32.3 | So stick around. |
1:34.6 | Alpha is going to be joining us in just a few minutes. |
1:39.1 | Today's market call is brought to you by CME Group, where risk meets opportunity. |
1:42.4 | And of course, our data partners fact set. |
1:45.7 | And we are powered by Open Exchange. So thank you guys for all being here. Danny Moses, this is it, baby. The moment of truth. Is it really the moment |
1:51.6 | of truth? Okay. So CME Fed Funds Tracker pricing, you know, about an 80% chance of a 75 |
1:58.5 | basis point hike tomorrow when they come out with a federal open market |
2:02.3 | committee comes out with their decision. It would be the third such 75 basis point hike |
2:07.4 | and so many meetings here. Talk to us a little bit about that 20% chance that maybe they do |
2:12.8 | a full percentage point. Well, we'll be up to 300 basis points or 3 percent total raises since they |
2:19.1 | began this back in the spring. What's really interesting to me is now when I look, I hadn't looked |
2:24.3 | in about a week. Fed Fund Future is now pricing in four and a quarter. I mean, so they're pricing |
2:30.1 | in on top of this 75 basis points, Dan, another 1.25% by the Fed to year end. I mean, more than |
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