https://www.cnbc.com/2024/09/09/fed-jumbo-50-bps-rate-cut-should-...

https://www.cnbc.com/2024/09/09/fed-jumbo-50-bps-rate-cut-should-not-raise-alarm-analyst-says.html

Jumbo 50 basis points Fed rate cut should not raise alarm, analyst says


So the rats can smell what's coming and are trying to buy time to get off the sinking ship? Lining up retail for one final culling (bull trap)? Pity this is all over social media already (hence the headline) and as everyone is saying cutting rates heading into a recession = market crash. The bigger the cut the bigger the economic collapse that's about to hit. But I guess "this time is different"?.

P.S. My position remains unchanged one final push higher to fill the gaps on the S&P and Nasdaq with the Nasdaq which I believe has already topped to make a lower higher and the S&P I think to make a new high. Then wait and won't be long before the lights go out IMO hehehe: