highhand
10-09

Yes another 25bps in Oct... Slow and steady wins the race. If everything is within expectations, market goes up.


Sentiment is not exuberance yet. Fear and greed index is only neutral 53. Fear and greed index is a reflection of market sentiment and leans towards institutional more than retail. Big money is still hiding somewhere. 


The market is going up in the short to mid term, or at least until fear and greed index goes to greed or extreme greed. Any dips will be shallow and bought up quickly.


FOMC Minutes Amid Shutdown! Is Fed Ready to Go Further?
Traders await minutes of the Fed's last policy meeting later in the week, while the federal government shutdown entered its sixth day. Last month, the central bank reduced its benchmark rate by 25 bps. Powell said in September that the Fed was facing a "challenging situation", noting that near-term risks to inflation were tilted to the upside and those to employment leaning downside. Powell is scheduled to speak on Thursday. -------- Do you expect another 25 bps in October? How will market move this week? With multiple stocks surging, is market entering a stage of irrational exuberance?
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