Thought I would throw this out there for discussion. The anticipated rate cut by the market is supporting Equity and Stock market price. At current record levels, not sure that a rate cut is that positive. Besides, what does a 1/4% rate cut really do to support the economic condition when at historic low rates already. If it does happen… is it already in the market? If it doesn’t… is that bearish. Not saying the market rally would be over, but certainly could initiate a potential large correction. I know folks will say the rally in the market is more than just a rate cut. Maybe…but maybe not at the present time. Just saying…
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