Quoted By:
The market is not going down, BECAUSE the despite the bad data, the market KNOWS the Fed will cut. Their last cut was a commitment to cut and avert a recession by ALL MEANS NECESSARY as they cut without the confidence they claim to have needed in regards for inflation. This is why the odds for a 50 bps cut are going up and the market unlike 1 1/2 months ago, is not going down.