Monday, June 24, 2019 9:58:01 PM
I personally don’t care. I’m just making moves based on what the market thinks is going to happen. If 80% of the money managers think there will be a cut, they will move the market with their positioning alterations. The market could move one direction until fed day and then if no rate cut, the market will 180 reverse and move the other as those 80% unwind their wrong positions. Money to be made on both sides of that event. I’m not going to beat my head against a wall for the next 4 weeks trying to go against the market because I don’t think there will be a rate cut but the people who move markets do.
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