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NVidia earnings this week, PCE Friday. PCE is expected to come in at 2.4%. Nvidia usually delivers. Good news is bad news lately. Markets hate uncertainty. I’d expect continued downward trend until certainty is restored. I don’t disagree with the actions being taken, they will make us healthier long term. Less government spending will drive down inflation. I’d expect 200,000+ federal workers to be laid off. Unemployment to rise. That unlocks lower interest rates, which will get us back to growth.
I hear you EA1. The transfer of more wealth to the wealthy is an issue. The pie won’t grow.
Honestly think down again week
More up and down, which is great for options trades because the volatility will offer room for good price action.
Either that or a crash
I think more down than up. 50/50.
Down. There is too much uncertainty due to the federal government’s executive branch.
The grift will continue.