Was on today. I have not been on that site for quite a while since I am working on several field projects.
A new research project came up that required me to look something up. I was absolutely horrified by some of the new AI translations on the site.
During Trump's 1st term, SPX weakness started right about now.
Stocks have been extremely resillient despite rising yields/energy/DXY
Let's see if the resillience holds during the seasonal window of weakness
Does the Fed ever consider a 50 bps rate hike?
The long-end is getting away from them.
Warsh has talked a big talk about bringing inflation back down, but are they actually willing to do what needs to be done?
I think the weekly Bitcoin close will lay the groundwork for what Q4 will look like.
If Bitcoin accepts above the May high, that will improve the bull case substantially.
Acceptance back below would just look like a massive fakeout before typical Q4 weakness (but not necessarily to a new low).
You don't have to predict what happens, I think reacting is better in this case.