Awaiting the Feds decision…

With tools that haven’t been used since the Second World War, the Federal Reserve has been fervently trying to stabilize the financial markets. It seems that we had gotten some during yesterday’s session. However, it is not over. There is a sense of uncertainty awaiting the Feds upcoming interest rate decision. Will it be 50bp, 75bp, or 100bp. Everyone should not worry the market will get what it wants and desperately needs. In my opinion there is a 100% chance they will lower the Fed Funds by 75bp with a very strong possibility of a full percentage point cut. Moreover, we can see an additional 50bp discount window cut.