The Shifting Targets – Who Gets To Whack A Mole?

Eddy Elfenbein at Crossing Wall Street has a nice post about what the futures market expect (Fed rate hike) and when does it expect it?. Basically Elfenbein is commenting on Bespoke Investment Group’s post, “Countdown to Liftoff“. First let’s take the original post. Bespoke is using the market data and expert opinions about Fed to estimate the months left for…