Fed Week? Animal Spirits?
While many are assuming the July 30th FOMC meeting is a “no-go” and the first rate cut isn’t likely until the September 17th meeting, that could be wrong. We will also touch on “Animal Spirts” in this report, as that will be the next driver for the economy, even more than the markets. But first, let’s revisit Academy’s Geopolitical content this week. We start with Saturday night’s rapid assessment of the S. Strikes on Iran. This dovetailed into our weekend T-Report – A LOT of Moving Parts. While that incorporated an update on the Middle East, it also highlighted other ... Fed Week? Animal Spirits?