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MacroVoices #367 Luke Gromen: USD Update in the Wake of SVB Collapse

Macro Voices

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The S&P 500

The big question for me is in the coming trading sessions will be, will the bulls react on this with a buy-on dip and get it back up into the trade range? For there to be a further weakness like you suggested could possibly occur, it would, to me, be failed price action to get above 70. It all depends on the Fed's next move. If they hike, the market will tank. If they cut, what does that really mean? I wouldn't be the slightest bit surprised if they began cutting. Why? Because as Louis Gav explained perfectly last week, we have an entire generation of professional investors that have grown up believing that the only thing that matters is

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