Zeev's Turnips Patch-No Politics (ZEEV)

[Babylon]

Thanks, but as I recall, you mentioned not more then 2-weeks ago, that any FOMC reduction in rates, would cause you to become extremely bearish - and expected a sharp sell-off if it were to happen. I am just curious as to what precisely has changed since then (any rate reduction then vs. a .50/bp cut now)...some other indicator perhaps? TIA