Today there’s a sweep in the markets, the world is turning upside down 🤣🤣🤣 the green ones turn red, the red ones turn green, or does the market already have it discounted 🤔 I don’t think so... what I’m sure of is that it either goes up or down 🤣🤣🤣
The catalyst that could positively surprise: If August’s core PCE turned out "benign," Powell could indicate that this is the last hike. That would be the rocket the market needs ⚠️