Minor pullback will happening
But is there any reason that will stop it from going 15-22 ?
Rate cuts coming, more rates cut to cut entire market into bears +++
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Warren Buffed : Isnt rate cut inflating the stock price? Like covid
Tonyco Warren Buffed : Anticipated rate cut was fueling buy momentum, stocks are already undervalued 20-30% they say.
So now that rate cut is certain bad economic news fuels sell offs to defensive sectors