EXCERPTS FROM MARKZ
Member: I just want to inform everyone here that I have gotten paid. I am in Tier 3
MZ: We hope this is accurate. I have heard from others in tier 3 claiming they have gotten paid…and other individuals saying they have received some or a partial payment. I am hopeful it is indeed moving.
Member: If tier 3 is going than they must have a rate?!?
MZ: “The President of the Republic , the under secretary of the Minister of Finance discuss the 2025 budget “They are also telling up here that they expect a rate change before Jan. 1st. There is a lot of information hitting right now in Iraq. All the news is supporting a rate change before the end of the year.
Member: The Korean Won dropped 50% today.
MZ: We are seeing some crazy stuff in the currency world right now.
MZ: Now to the rumors. It started with a conversation with a IRS contact….then moved into vetting this from other government contacts……it appears they have been notified that they have to update their emergency contacts by the close of day Friday.
MZ: From the bond side- they are telling me they very much expect their 1% by Christmas. I believe things are heating up.
MZ: the whole market froze today- like a deer in a headlight. Powell did his best to implode everything today with his indecision.