Highlights
- As we approach the September Fed meeting, markets behave in a manner that suggests a rate cut is needed, or at least that it is welcome.
- The Risk Gauge hovers just below "Risk On", in the better half of "Mixed", and sector, group, and industry leadership remains cyclical and growth oriented in the very short-term ("VST") momentum model.
- While it is a coin toss as to how markets behave after the fact (i.e., "buy the rumor, sell the fact. . .
