Markets anchored to an entrenched story: The Fed is cutting rates into an economy supported by a huge tech capex boom and affluent consumer spending.
A fairly strong showing for the market which nonetheless felt like a struggle after a long calm climb.
Markets finally received the wake up call they had been ignoring.
A proper warning of an undisciplined capital burning binge or a dose of caution to refresh the rational exuberance?
What do you get for the market that has everything?
