The market is pricing in a rate cut in September
Equivalent to starting a second round of rate cuts
During the first rate cut, I discussed a question
What exactly is the purpose of a rate cut
Inflation is just the state of the economy
Capital only needs to ensure businesses survive, not to guarantee people's survival, so the unemployment rate is merely a political tool
Dropping from the first round to a pause is to keep capital flowing in the U.S., the Mar-a-Lago agreement and 'innovation tariffs' can testify to this.
The cut is to allow capital to flow out.
When the cut pleases you, that's when I can go out.
Understanding this is essential to find the entry point for the rate cut trade.
The clear signal is to sell coins at 124,000, and I will return once I am healed.