Historically the start of a rate cut cycle isn't kind to risk assets in the first few months post, purely because the thesis is that if the FOMC is cutting then the economy is weak or weakening, but there is so much capital that is hoarded, it will be interesting to see if leverage can be used to continue to play hot potato with the MEGA9s
@Charting With KR cautiom warranted with Mag9 given its long term positioning?
Historically the start of a rate cut cycle isn't kind to risk assets in the first few months post, purely because the thesis is that if the FOMC is cutting then the economy is weak or weakening, but there is so much capital that is hoarded, it will be interesting to see if leverage can be used to continue to play hot potato with the MEGA9s