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Gordon Gekko's avatar

At this point we have to figure out what the catalyst will be to push the equities market down because it is obvious valuations and inflation don't matter. What I do think is obvious is the fed won't start cutting until the unemployment numbers rise substantially forcing their hand.

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Michael J. Kramer's avatar

Well, the entire move since May has been based on the Nvidia rally. So Nvidia is the key compotent, it has been since 2023.

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Gordon Gekko's avatar

If the Trump tax didn't put a dent into the stock I don't know what will.

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