Fed/Powell
-The incoming first quarter data did not provide the full confidence required about the need for the FED to cut interest rates.
-Interest rate cuts are not appropriate until we gain more confidence.
-High inflation is not the only risk we face.
-Incoming good data will strengthen our confidence in the decline in inflation.
We have made significant progress towards the -2% inflation target.
Again the same things like parrots
July 11 inflation data is vital
If it is below expectations, continue adding
If it exceeds expectations, sell and cash.
If eth etf trading is approved this week, we will see a good greening, especially if inflation is low, we will experience a short rally.
