re: Will the S&P finish the year

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What do you think the rally will be built on?

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JPow is magnifying the rate hike effect with his talk. Threatening higher rates to give others pause may prevent the need to deliver them. He kept things vague last week for a dampening effect and the market responded.

I think we'll see some surprisingly positive results in Q4 given that JPow has lowered expectations again. By lowering expectations they've tilted the table in favor of bullish investors. If another rate hike happens, it will be expected and not a big deal. If it's deemed unnecessary, expect a strong positive market reaction. Throw in some seasonal bullishness this Winter and I'm hopeful. Add the AI picture becoming more clear and I'm almost excited.

Having said that, it could all fall to shite. If I knew what was going to happen I would be on my private island.