2.26.24 Bears May Find "Trouble Every Day"

---------------------------------

Well, CASH about to get UPSET From watchin' Jay’s DELAY. He’s checkin' out / the news Until his eyeballs fail to see.

On January 31, during Jay Powell's press conference, he said that the committee would begin to explore slowing sales of its Treasury portfolio.

Some analysts think the language indicates Quantitative Tightening slows later than sooner, while others opined it slows sooner.

The market continues to trade sideways and mechanically as it waits for the Fed to reduce the sale of Bonds.

Expect the bears not to find the momentum to push rates to a new high. As a result, the bulls can roar back in Spring when QT thaws.

No way to delay Cash trouble comin' the Fed’s way.

-----------------------------------