The inflation is on a steady pace back to 2%. Recession may not happen yet, but it is very likely in next one year.
The point is the interest rate cut is 100% to happen now, so TMF will surge. If there is a black swan event that requires immediate huge rate cut, TMF will be $100+ in no time.
I could not think for any scenario that TMF will drop after interest rate is cut. I am thinking to buy TMF shares incrementally for next few weeks (before the first rate cut). Anything that I have overlooked?
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