My Magic 8 Ball says that the Fed will do or say something that leads to a flurry of articles saying that a soft landing has been achieved. All for votes in November, of course. Could happen this month, more likely next month.
Market partially recovers, Ol’ Joe crows.
Then, if Dems hold we doggy paddle. A strong R win will bolster the market.
But that’s just a magic 8 ball talking.
Fed might even bust out a .50 because of the ‘softness’ out there with housing, Russia upcoming, etc.
-PJ