Here are some recent developments related to Fed rate cut hopes:
Fed's Promise To Cut Could Be Making It Harder To Deliver: This article discusses how the more dovish the Fed sounds about rate cuts, the more financial conditions will ease, making it more difficult for the Fed to actually cut rates. It also mentions that U.S. stocks have rallied since the Fed started talking about cuts in November.
European Midday Briefing: Mood Sours as Fed Rate-Cut Bets Curtailed: This article highlights concerns among investors that the Federal Reserve may have to keep interest rates high for longer. It mentions comments from Minneapolis Federal Reserve Bank President Neel Kashkari, who said further rate hikes cannot be ruled out and cuts are not likely to come before "many more months" of benign inflation data.
How Long Will the Fed Play the Rate Cut Game? Is "End the Fed" a Good Idea?: This article discusses the duration of the Fed's rate cut strategy and raises the question of whether ending the Fed would be a good idea.
BUZZ-COMMENT-Fed rate cuts increasingly look like a one and done in 2024: This article suggests that Fed rate cuts in 2024 may be limited to just one cut.
$DJIA(.DJI)$ is the leading indicator of$S&P 500(.SPX)$ . djia pnf shows a confirmation of downtrend. it looks bound for 37,810. spx has yet to show downtrend confirmation, if it continues to fall, it will reach support at 5062. $NASDAQ(.IXIC)$ is held up by nvda earnings. it has not showed trend reversal. it is hovering at the resistance zone. if it follows djia, it may fall to 15,700.
ukx is the leading indicator of us market. recent uk inflation data is above estimates, it didn't drop as much as expected. this causes ukx to retreat from all time high. bank of England might not cut rates in June.
do apply automatic investment system where you add shares at each 10% drop or at support zones if you know technical analysis. this way you conserve your capital while the stock is strongly downtrending. do take profit at 10% intervals or at resistance zones if you know technical analysis. this way you have capital to buy the dip. only applies to stocks in an index or warren buffett would approve. bon courage.
merci@TigerStars @TigerWire @Daily_Discussion @koolgal @Asphen
Comments