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After that rate cut, it seems like investors have jumped ahead of the FED. Was the easiest trade in history.
There is no mystery, stocks will go up and the result is going to be a blow off 'top' according to Paul Tudor Jones.
The issue? It might not be a top, it might just keep going this time. We are about to see insane prices, Bitcoin around 10-25 million during this final rally.
NVDA could top around 100 trillion+
Add in more rate cuts next year and potentially negative rate cuts, and QE/stimulus checks from the tariff money creates more fuel for the fire.
The only thing missing is NO CAPITAL GAINS TAX. That needs to be pushed through and you will see even more buying.