Rally resumed

S&P500 ended their 2 weeks losing streak last week after the updated dot plot forecast from the Fed showed that they are sticking with 3 rate cuts this year.

Investors are still hopeful for a cut starting from June.

Interestingly, Powell seemed unfazed by the recent hot inflation data. That said, we have PCE index coming up this Friday. If we get another hot figure, I wonder how would market take the news.

Non-Stop Market Rally – Is This Bull Run Unstoppable?

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Cow Moo-ney

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