SPX on Borrowed Time
SPX is definitely on borrowed time
J.Powell has signaled that the Fed has finally seen enough and is ready to act
But If you havent done so already, go look at the last couple times the Fed cut rates after an extended period of tightening....history doesnt repeat but it often rhymes
But hey..maybe this is time is different..
And maybe it isnt...
J.Powell has signaled that the Fed has finally seen enough and is ready to act
But If you havent done so already, go look at the last couple times the Fed cut rates after an extended period of tightening....history doesnt repeat but it often rhymes
But hey..maybe this is time is different..
And maybe it isnt...
Note
Zooming out a bit this how we see this playing out
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