Bruce discusses the highly anticipated FOMC meeting today and the wild swings we had as a result of that, and FED Boss Powell’s comment in the conference call. Powell seemed hesitant to commit to rate cuts, as there is too much uncertainty around tariff negotiations and the economy as a whole.

The fears are mainly over tariffs, but also economic data, inflation, and the upcoming earnings season. The good news is there will be a lot of great opportunities to be had, if we are careful. For now, we remain in Bearish territory, and Bruce does expect more volatility. He looks at possible outcomes on both sides and discusses the scenarios.

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