Thank you, my POTUS. You have done well today.
Expecting a FFR cut in September -- not in June. The lack of a June rate cut from the Fed will actually crash equities back to the 2007 highs (1560s SPX).
But the FOMC will come around in September when the very long-term channel is threatened, with the S&P 500 under 1370.
| S&P 500 daily |
GOOD LUCK TO ALL BEARS.
