Just a follow-up to this mornings update. Beginning tomorrow we will begin to see coordinated rate cuts globally, and the US FED will aggressively drop lending rates to approximately 1%….or an all-time low.
For those that are traders, you can go long the market. Again, this is not for everyone, but I do expect the markets to rally sharply in the short term.
However, if the markets cannot hold these gains then it means that all bets are off and that the next leg down in this bear market will be quick and severe.
I only put this note out to provide an accurate strategy for those that are more trading oriented.