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The Market Is Correctly Starting To Price In A Recession And The Magnificent 7 Are Played Out
The narrative over the last few weeks has been that the defeat of inflation will allow The Fed to cut rates in September has resulted in a rotation out of Mega-Cap Tech (QQQ) and into Small Caps (IWM) which will…
The Market Has Overshot On Fed Hawkishness
Make no mistake: We’re in a nasty bear market and stocks are going much lower. But the market has overshot on Fed hawkishness. As you can see in the tweet above by Jim Bianco, the market is expecting 225 basis…
