Insights

TRENDMACRO REPORT

It's So Time to Cut Rates

BY Donald Luskin | Monday, June 3, 2019
pdf version

Donald Luskin writes that a consensus for a June interest rate cut is forming: "In the present expansion, the funds-10 curve inverted in late March. So far, at least Powell has not made the mistake of hiking rates. But he hasn’t cut them. We think he should, and we think he will."

...And the soft May jobs report provides more impetus for a rate cut: "U.S. economy adds a disappointing 75,000 jobs in May."

Read Report: It's So Time to Cut Rates

Read TM Jobs Report - June 7

Sign-Up Now: 
Insights from Sprott

More from Trend Macro

Important Message

You are now leaving Sprott.com and entering a linked website. Sprott has partnered with ALPS in offering Sprott ETFs. For fact sheets, marketing materials, prospectuses, performance, expense information and other details about the ETFs, you will be directed to the ALPS/Sprott website at SprottETFs.com.

Continue to Sprott Exchange Traded Funds

Important Message

You are now leaving Sprott.com and entering a linked website. Sprott Asset Management is a sub-advisor for several mutual funds on behalf of Ninepoint Partners. For details on these funds, you will be directed to the Ninepoint Partners website at ninepoint.com.

Continue to Ninepoint Partners