probably forget about any interest rise this year...not really sure how the cash market is gonna respond. on one hand no rate rise good for stocks, otoh, no rate rise means the economy is weak....
Bond market repricing that dynamic you were talking about. Debt service and rate hikes finally seen for what it is right now. Look for financials to roll over this morning People will also begin to bail on the average weightier stocks in SPX and particularly NQ & QQQ Dollar going to drop hard through out the day Could be another full leg down on the ES