So long as people keep believing interest rate cuts are coming...

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    So long as people keep believing interest rate cuts are coming in 6 months the market should hold up. Six months ago rate cuts were going to start now. Now rate cuts are starting in six months. In November the dominant view might be that rate cuts are coming next May. So long as people keep believing rate cuts are coming the market should do ok. Eventually they'll be right.

    . Reaper
 
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