Fed Chair Warsh floated the idea of cutting back on how many meetings the Fed holds each year. That's not normal Fed behavior. Inflation is still sitting near its highest level in three years, and several Fed members are actually leaning toward another hike, not a cut. Just think for a second. If a rate hike happens in September, it could lead to a bear market, like I explained in my last reel. For now, I think we could see more consolidation over the next few weeks before this market decides where it wants to go, as the 10 year yield keeps rising. That's exactly why I wouldn't FOMO into AI stocks right now. But will still be buying great business even if it's AI related not garbage like Bigbear AI, SoundHound AI stuff like that. Picture this in your mind. Your whole portfolio is AI stocks, all high beta like iren, AAOI (Im not saying they are bad business, they are great even I will be adding more), DRAM, all moving twice as hard as the market in both directions. Rates get hiked in ...