Derek and Jay react to the Fed meeting where people are calling it a hawkish cut and a reset of future expectations of where interest rates end up.
The HiPOS position is set to expire worthless today. If it does indeed finish out today (Friday) out of the money, it would realize a full profit.
Derek and Jay once again to discuss whether inflation is too high for the Fed to aggressively cut rates more. Then, they talk about the probability of the S&P 500 closing or getting to 7000 by year end 2025.
ZEGA’s November 2024 Performance Numbers Release
Derek and Jay cover markets including the news on the CEO of United Healthcare, the Hawk Tuah meme coin alleged scam, unpacking the latest unemployment report, how markets go up 29% or more in a year more often than you’d think, and how the rotation of voting members of the FOMC might be hawkish in 2025.
HiPOS Conservative Trade Update - The S&P 500 Index (SPX) made yet another new all-time high today.