Policy to the rescue

When growth deteriorates via Purchasing manufacturing Index, the fed is pressured into cutting rates. Although we are entering a slowdown you must be ready for growth to deteriorate and the fed to flip dovish. If and when it gets ugly, they will lower rates releasing liquidity into the system
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.