Its Over, page-23330

...if the market gets this ahead of itself, a sharp correction could be in offing.

...that would even make a 25bps cut a disappointment and source of concern.

...Powell would more likely take baby steps.


The market will respond unfavorably to the unfounded speculation of an interest rate reduction. Powell's actions carry a high level of risk.

Powell is cognizant of the limited time he has and will likely endeavor to sustain the current economic conditions before markets deleverage.

Gold is sending a warning signal

Won't be long.

https://x.com/great_martis/status/1825614297797636279