9/18 Daily Plan: Fed going all-in to save the labor market?

Hey Guys,

Let’s first take a look at our view heading into today’s historic FOMC event where the Fed cut rates for the first time in over 2 years.

I gave some scenario analysis on 9/16 - a full 2 days before FOMC - on how we were planning for the market’s reaction.

The Fed gave the market the 50BP cut it was expecting, and investors then erased the 1% r…