The Fed did nothing with interest rates today.
The amended statement is in the first chart below.
The markets are shaking off risk concerns for now.
But the underpinnings are highly unstable.
Tech is showing signs of strain. I am hearing more and more about layoffs in size for AI related companies, the suppliers.
It appears that Netanyahu did not succeed in his election, but he was not exactly repudiated either.
There is going to be a price to be paid for that.
Donnie faces the US midterm elections next week.
If the House and Senate go to the opposition, it will be interesting to see how he reacts.
He may kick things off by starting a real war so he can hide behind wartime powers.
Bring popcorn.
Have a pleasant evening.
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