Trump's views are widely understood, but he is on the campaign trail anyway: Trump Says He Wants More Than ‘Small’ Fed Rate Cut.

Single Cut Odds

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The market thinks there is only a 27.1% chance of a 50 basis point cut.

That is up from 18.8% yesterday so it's likely Trump shifted the odds, but not enough.

Mike "Mish" Shedlock

Anything Congress Can Do, Trump Can Do Better

Concern over tariffs erupted in Congress today. Republicans are openly feuding with Trump. I offer a musical tribute.

Starve the Beast: Trump's Tax Cut Better for Businesses, Worse For Everyone Else

Corporate America is doing far better than most expected under Trump's tax cuts. But the cuts didn't pay for themselves.

Impeach Trump Stampede Won't do Democrats Any Good

Nancy Pelosi launched an impeachment inquiry based on claims Trump tried to coerce Ukraine into investigating Joe Biden.

Expect Fed Baby Step Cuts Followed by Shock and Awe Panic

The Fed has convinced the market that baby step cuts are the order of the day even as the yield curve screams for more.

Macron Says "France Won't Deal with Countries that Don't Respect Climate Accord"

French President Emmanuel gave a blistering speech at the UN pointed at Trump. I suggest Macron should look at Germany.

Currency Wars: ECB Hints at Rate Cuts, Trump Slams Draghi in Tweetstorm

President Trump pointed the finger at ECB president Mario Draghi in a Tweetstorm blast.

Inversions Despite Surprise Cut: More Cuts Coming

This morning the Fed made an emergency 50 Basis point rate cut. More are coming.

Trump Tariffs Crush Small Businesses: "We Are at the Limit", Optimism Sinks

Small businesses, unable to make operational changes, are "at the Limit" of what they can take from Trump's tariffs.

Interesting Rate Hike Odds: March favors Hikes, December Favors Cuts

Fed fund futures show a hike in March is more likely than a cut. In December, the opposite is true.