Just wondering what you guys anticipate, pure speculation, do you think a September cut, especially a larger cut, would accelerate downward pressure on the market or have a rally effect?
Perhaps the cuts have been “priced in” since the start of the year and now the signs of weakness will be the sole focus rather than the benefit companies will enjoy with lower rates. The russell rally gives me hope we can see a broader cut rally but I'm not that hopeful for the immediate market reaction.
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