So stay liquid, and get ready to 'buy the dip'. And actually do it. Otherwise it will not count.
I think the cut will come eventually. Perhaps not the 18th. But I think they cannot afford not to, with all the corporate debt resetting in the coming year.
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Read now, thank me later. Yesterday Fed announced a possible first interest rate cut on September 18. Beware that this is now, with immediate effect, priced in the markets. If that cut will not come, we will see a panic sell since reality did not meet expectations.
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