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.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.