Today’s Video: No Powell Put…Yet. The market is betting on the Fed riding to the rescue with rate cuts, but I don’t see it happening anytime soon. The Fed’s job is controlling inflation and employment—not propping up stocks. Even with recent market jitters, the economy still looks too strong for the Fed to panic. Jobs numbers are holding up, and we haven’t even felt the full drag from tariffs or the potential stimulus of looming Trump tax cuts. The Fed won’t move until the data screams weakness—and right now, it’s just whispering. Meanwhile, traders are pricing in three cuts this year, with some even hoping for an emergency cut before May. That’s wishful thinking. The Fed knows premature easing could backfire, especially with tariffs threatening inflation. Technically, the S&P 500 could drop another 5% to 10% before hitting key support levels. Bottom line: Don’t get suckered by bear market rallies. The Fed isn’t bailing anyone out yet, and betting otherwise is a dangerous game.
Here’s the link: https://youtu.be/HPiAT7aT80U
