You think the FED is going cut rates anytime this year if we are seeing this much hype in the markets .. IMHO if you think NDX will continue to go up .. no rate cuts for 2024
The whole idea of raising the rates as fast as the FED done was to slow down inflation ...we are at present seeing the most BULLISH recession ever.. the DAX just broke out of a rising channel ... Nikkei highest in 34yrs... EVIDA largest increase in market value in one day !! well since Meta did it recent ...
IMHO Inflation number are going come in much hotter ..esp if Oil keeps heading higher and unemployment doesn't rise
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