Below is our "Chart of the Day" and a brief excerpt from today's Early Look written by our Risk-Manager-In-Chief Keith McCullough.

My Fed Front-Runner is signaling the Fed is likely to cut another -50 basis points at the next meeting.

Right on time, my UST 2-year Yield Signal is signaling yet another lower-low for the US Slowing Cycle this morning down at 3.50% at the LRR (low-end of my Risk Range™ Signal).

Btw, people with macro-opinions can obviously disagree with me on this. But that doesn’t matter to me or my process. What matters are the returns in our accounts. They aren’t subject to qualitative and/or Fed Fan debate.

CHART OF THE DAY: Fed -50bps Cut Priced In - 50bps

If you're tired of MSM/CNBC narratives and BS financial research, we encourage you to take a closer look at the Early LookYou can thank us later.