If a rate cut is priced into the market, and many say that it is, will the market sell off on the news that rates have been cut. Buy the rumor, sell the news type of thing. What will happen if there is no rate cut and a rate cut is priced in. It seems to me that rate cut or no rate cut does not bode well for the market.
My daddy used to say, "You can beat a dead horse all day, but he will never get up and take you to town."