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Wall Street’s already popped the champagne in anticipation of a September rate cut. Everything’s coming up roses.

Just when the stock market started uncorking the champagne bottles in anticipation of a soft landing, strong earnings, and a dovish Fed pivot—here comes Jerome Powell, lurking like a chaperone at prom, ready to shut down the dance floor before the music even starts.

Not always, but often I’m a mid-to long-term investor who views a correction as an opportunity based on economic and policy conditions.

While Chair Powell continues to rehearse his greatest hit, “We’ll wait and see,” I’ve been saying that a September rate cut was all but baked in.

Am I fighting the tape? I think this market has a chance to make a new high. The trading today was very good.

I’ve said it more times than a Fed chair has said “data-dependent”—this market was running, and a 65% chance this is a short-term high is scary.

I know this is a bull rally in a bear market. It is almost textbook by historical standards. I will keep saying it until proven wrong.

The escalating tensions in the Middle East present a complex web of risks for equity markets that extends far beyond traditional oil price shocks.

Retail buying created the bottom of the market’s slide in April. Smart money was absent, as nothing had been finalized regarding tariffs.

The rally you all thought was just gambling. I mean, calling this a bull rally in a bear market should earn me an award.