The market is fading. That was gay.
Basically, the Fed just fucked the market, until its next meeting. They should be cutting rates now. Instead, Ben and his dumb friends opted to jawbone Wall Street with promises of lower rates, which got played out rather quickly.
So, barring a surprise rate cut, prepare yourselves for the “homo-hammer of certain death” to rain down on you, as equity prices get knee-capped by Fed inaction.
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