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More than 80% of respondents in a Bloomberg survey believe that interest rate cuts will result in increased stock prices.

Surprisingly, 19% of those surveyed expect stock prices to decline.

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Miracle Mike

Hi James I hope this message finds you well. I believe in the mid to long term most would agree that stocks should continue to respond positively. However I'm still concerned about further unwind of the yen carry trade. Can we get your thoughts whether or not this could be a fake out initial pump in the markets before another rug pull like we saw in late August? Thx in advance captain nfa

DPT_365

Remember, this is an election year.

Wicksley Snipes!

Black swans are always a possibility. Lots of nuance. Anything can happen, it always does. There are no guarantees. Monitor trend, momentum, macro. Control euphoria.

Wicksley Snipes!

This chart is a gauge of sentiment, guys. Lots of data out there to consider.

Wicksley Snipes!

Not surprised. There’s plenty of fear out there too. Two sides to every trade.

Skip Flip

That 19 percent forgot to buy "the dip"

HappyBoo

@ Wicksley Snipes! Understood, It’s for this reason I keep anywhere from 25% to 40% cash in tax-free accounts. Sadly, I believe many HODLers have already taken the “cool aid”. Of course, financial institutions love HODLers not to mention options traders. Never me on either either side. 👍

Summerof74

Arthur Hayes has compelling argument that rate drop means USD drop and more yen carry trade unwind so market tank

Wicksley Snipes!

It’s curious how the S&P goes up 80% of the time, and down 20% (roughly). Cooincidence??

TrashPandasRock

His guess was about 2 days later so we should see the affect on the trend around Monday if he is right.