Why Markets Dumped Despite a Bullish FOMC: The Real Forces Behind the Sell-Off

TLDR:  Early positioning before the FOMC left little upside, prompting profit-taking once the expected rate cut was confirmed. Powell’s cautious tone on inflation and labor conditions reduced confidence in a faster path toward easier policy. Oracle’s weak earnings and rising CAPEX fueled concerns about tech demand, spreading fear across risk markets. The sell-off reflected elevated [...]

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