The major indexes (^DJI,^GSPC, ^IXIC) are selling off sharply on Monday as investors fear the Federal Reserve may be late to starting its rate cut cycle...
) are selling off sharply on Monday as investors fear the Federal Reserve may be late to starting its rate cut cycle.
But I will say historically, when you've seen the vics move up by more than 15 points and it's only happened about four or five times when you look out a year out, you've been up every time now.That's interesting that I looked at was the 2018 period where it was, it was FED related, but it was the other way the people were concerned about the FED moving too, you know, the economy moving too high.
So then what tends to happen is you have a cluster of strong days, strong down days because there's a battle between fear and greed and as opposed to just going back to new highs, you tend to go back and forth, making it frustrated on both sides.You want to see that things like the initial jobs claims like the services this morning that actually confirmed that the economy isn't heading into recession and you get closer to when the fed would likely cut rates.
But you know, to be fair, I mean, we have, you know, the employment report that we had on Friday that really got the market's attention that gets revised 23 times.Um The, the the the three month trend for the employment, by the way right now is about 100 and 70,000.So by itself, the trend is, is cool but it's not a weak relative to history.
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