Another week of stock market gains, but let’s not celebrate just yet. The fundamentals are screaming for lower prices, yet a narrow rally persists. A handful of stocks, led by tech giants like Microsoft, are soaring, while the broader market lags behind. The Dow sees a 400-point surge, but it’s the tech stocks driving the real action, especially on the NASDAQ. The Russell 2000 tells a different story, stagnant since 2018. Valuations are stretched to the max. Why the rally? The prevailing belief: the Fed is tapping out on rate hikes. No increases this year, probably not the next. Markets anticipate 75 basis points of cuts next year, and I suspect they’ll demand more. If the Fed slashes rates, it signals economic weakness and potential crises ahead. This rally isn’t a victory lap; it’s a warning. Beware of the illusion of market strength. This clip is from Episode 930 of The Peter Schiff Show. To listen to the full episode, visit SchiffRadio.com #stockmarket #fed #investing...