Major policy shift alert: Standard Chartered just flipped their December forecast. They're now calling for a 25 basis point Fed rate cut next month—a complete reversal from their earlier "no cut" stance.

This pivot from a major banking institution signals changing confidence in economic conditions. What drove this dramatic recalibration? The previous position suggested resilience, but something clearly shifted their calculus. Rate decisions ripple through all risk assets, and this updated expectation could reshape positioning across markets heading into year-end.