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Posted by
Two Blokes Jun 10 -
Filed in
General
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#TwoBlokesTrading
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5 views
I remain cautious as the S&P 500 tests the 6000 resistance, trimming equity exposure and positioning myself 'less long.' The Fed is unlikely to cut rates soon, given positive economic data and a desire to preserve policy flexibility for future downturns, despite political calls for an immediate 100bp cut.