Market is dropping because the FED has finally publicly recognized that inflation exits.
So the inflationary trades are dropping.
This will play it's self out eventually and when I get a Buy and hold signal on my S&P system.
I'll make a lot of money going long off this drop.
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Bullard did not surprise market. This is the exact weak seasonality.
July will start summer rally. Earnings will be spectacular so PE multiples justified. TINA will take over. No other place to put money into.