“What a bunch of babies!”
That was my reaction when, as an ardent believer in technical analysis over narratives, meme stocks, and Federal Reserve mania, I read that market expectations for a Fed rate cut this September dropped “all the way” to 58% from 65%. I’m only partially fluent in Fed-speak, but isn’t that essentially just a rounding error? Regardless, this week’s market action revolves around a range of events, from inflation reports to the start of earnings season. And of course, Wall Street’s favorite game of obsessively watching and waiting for tariff updates.
