Just thinking about what the fed will do in the upcoming 2 meetings, inflation is still sticky, I feel we get 2 meetings where there are no rate cuts and if the market looks shaky and inflation comes down I think that the June 10th meeting gives us the first cut.
Usually following cuts we see recession, I am thinking and hoping it will be light and we can get inflation fully crushed and back on track after 2 quarters of recession. Then its a booming economy with low rates on the horizon.
Still I expect kangaroo for 2024 and a retest of under 400 to confirm the soft landing.
Just my opinions
Usually following cuts we see recession, I am thinking and hoping it will be light and we can get inflation fully crushed and back on track after 2 quarters of recession. Then its a booming economy with low rates on the horizon.
Still I expect kangaroo for 2024 and a retest of under 400 to confirm the soft landing.
Just my opinions