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Moment of Truth for the Markets

MRKT Matrix

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The Fitch Downgrade Is a Good Shot Across the Bow

S&P 500 almost got back to the all time highs, that 4350 breakout level from August of 2022. I think a pullback towards those levels would be really healthy. A week ago, it seemed like the narrative had quickly shifted to a no landing scenario. We're going to learn a lot more in a few hours when you hear from Apple and Amazon.

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