🔶 Quick summary of the Federal Market Committee:

• The Federal Reserve lowers interest rates by 25 basis points

• $40B in Treasury bond purchases coming in the next 30 days

• Powell: The labor market looks weak

• Treasury bond purchases are expected to remain high for several months

• Strong growth is expected next year

• Rate cuts: a decision from one meeting to another

• Inflation is still very high

• No one expects a rise in prices

• Job gains are overstated

🔥 Market sentiment: Optimistic.

If you are serious about trading:

$LRC Short ⚠️ Target: 0.0560

$THE Short ⚠️ Target: 0.164

$SXP Short ⚠️ Target: 0.0610