system
A chat on subreddit /r/wallstreetbets
human
No, dipshit. Market is pricing in RATE CUTS so the drop *will* be severe when JPow says the exact same thing he's been saying for over a year:

1. We will continue increasing interest rates.

2. We won't even think about decreasing interest rates until inflation gets back to 2%.

3. We will not support capital markets if the economy contracts because inflation is still above 2%.

4. We will not move the goalposts and 2% will remain the inflation target.

Both bond the bond market and stock market are fighting the fed and the fed will win.
gpt
The media keeps "interpreting his words" instead of just listening to what he says.