### Comment:
Because Powell. Let’s see how long that lasts.

### REPLY:
Powell wasn’t dovish enough. Trump will fear monger till after a 50 basis point cut. After that rhetoric will relax and pump spy to 300 again. Rinse repeat when October fed meeting comes. Then December. Then March. Then the market will be right that we will I’ll cut rates by 100 basis points by March.

### END.