27th November 2025 – Turkey Trap Rally continues on recycled “rate cut” optimism

MPC Markets Morning Call · Nov 26, 2025 · 14m

In this conversation, Mark from MPC Markets discusses the unrealistic expectations surrounding rate cuts in the financial market. He emphasizes that recent movements in rate expectations are not supported by economic data and are largely driven by media narratives and algorithms. Mark highlights the influence of a single Fed member's comment on market sentiment, despite the majority of Fed members expressing opposing views. He underscores the importance of understanding the context of these comments and the role of sentiment in shaping market reactions.

takeaways

• There is an unrealistic…