The ‘Fed put’ is back: If Tuesday’s inflation report is bad expect chaos in the markets
S&P 500 futures were flat this morning as global markets rested at or near their all-time highs. Investors are optimistic the U.S. Federal Reserve will cut rates in September, in part because of President Trump’s appointment of Stephen Miran to the Fed. If the inflation report tomorrow shows a 0.3% gain or less, a rate…