The Mag 7 is back at a record ๐ and the Fed may be less hawkish than it looks. Ep. 206 of Facts vs. Feelings is out! ๐๏ธ @sonusvarghese and I discussed: ๐ Mag 7 hit a new all-time high and is leading the S&P 500 again, with tech and communication services carrying the index ๐ค Meta rallied double digits after its new AI agent hit nearly 900K downloads in six days, and AMD, Intel, and Arm followed as AI capex keeps accelerating ๐ฆ The Fed hiked 12-0 and the dots show one more hike in 2026. Headlines said hawkish, but real policy rates and the Fed's own projections point more dovish than markets are pricing ๐ช Bitcoin broke above $85K after the Fed, plus why the failed Clarity Act may be a positive for crypto ๐๏ธ Retail sales beat (1.1% vs 0.8%), core retail is up 5% annualized over three months, and jobless claims are at the lowest unadjusted level since 2022 ๐ป Sentiment is extremely bearish in a market that refuses to break, a combination that has historically come before strong Q4 rallies Full episode ๐ https://t.co/jXPrWUoel6
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