S&P 500 & Nasdaq Smash Records as Tamed Inflation Fuels Rate Cut Dreams

Wall Street’s bulls are back—and they’ve got the Fed’s number.

Stocks just ripped to fresh all-time highs as cooler inflation data sends traders sprinting toward risk assets. The S&P 500 and Nasdaq Composite didn’t just climb—they moonwalked past previous peaks like a crypto trader chasing the next shitcoin.

Rate-cut hopes? Inflated.

With CPI finally playing nice (or at least not throwing tantrums), the market’s pricing in a Fed pivot faster than a DeFi protocol exploits a smart contract bug. Traders are now betting on 50bps of cuts by December—because nothing says ‘soft landing’ like premature monetary easing.

Tech leads the charge (naturally), with megacaps sucking up liquidity like a vampire squid at a blood bank. Because when has overconcentration ever gone wrong?

One cynical take? This rally’s running on hopium and algorithmic momentum. But hey—until the music stops, keep stacking those green candles.