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https://www.zerohedge.com, by Tyler Durden

Since Fed Chair Powell unleashed his short-and-sweet uber-hawkish comments in late August at Jackson Hole, market expectations for The Fed's terminal rate (cycle high before pause or cuts resume) has surged hawkishly (adding 100bps of hikes).

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https://www.zerohedge.com, by Tyler Durden

Just as last week ended, with a relentless meltup in the exponentially rising US dollar, coupled with a collapse in cable, the yen, yuan, euro and so on, not to mention stocks and bonds, so the new week begins only this time the moves are even faster