Booking Holdings misses.
Stock down 7%.
The consumer is dead. None of this should be surprising after the inflation we had.
Futures getting slammed pic.twitter.com/WPxz1d289n
— QE Infinity (@StealthQE4) August 2, 2024
The 10 year yield breaks 4%.
They told us things would boom if interest rates dropped.
Wrong again as always.
What the Fed does from here with rates is just catching up with the bond market.
They never saw it as usual but imo they really didn’t have a choice. pic.twitter.com/INsoTXUMLs
— QE Infinity (@StealthQE4) August 2, 2024
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