# DowJonesAllTimeHigh

76% chance of a rate hike—things may unravel
At 8:30 tonight, the data the Fed fears most is about to come out.
And before the data is even released, cracks have already appeared.
ADP employment: 98k.
Forecast: 118k.
It directly hit the lowest level since March.
But that’s not enough. Last night, Fed Chair Waller said a line that left all of Wall Street stunned:
"Inflation risks have declined somewhat."
Feel this dramatic reversal:
The day before yesterday, Hammack was still on stage shouting, "May need to raise rates."
The hawkish momentum was cranked all the way up, and the market, scared, p