Markets can stomach rate hikes if the economy stays strong. Assets pump when fundamentals hold.
Real risk? Fed pivoting to cuts because something snapped. That's when you know we're cooked.
Strong economy + high rates = bullish.
Rate cuts from panic = distribution starts.
Real risk? Fed pivoting to cuts because something snapped. That's when you know we're cooked.
Strong economy + high rates = bullish.
Rate cuts from panic = distribution starts.