🚀 Fed Rate Cut Bets Explode: Dow, S&P 500, Nasdaq Soar Post-CPI Data & Bessent Bombshell

Markets just got a double-shot of adrenaline—cooling CPI data and a bullish Fed whisper. Here’s why traders are suddenly pricing in rate cuts like they’re going out of style.

The CPI Effect: More Than Just a Number

August’s inflation print wasn’t just ‘good’—it was the golden ticket Wall Street needed to justify its champagne-popping rally. The Dow’s up, the S&P’s flexing, and the Nasdaq? Let’s just say tech stocks are doing their best Bitcoin impression.

Bessent’s Bombshell: The Fed’s Secret Handshake?

When a heavyweight like Key Square’s Scott Bessent starts talking Fed pivot, hedge funds listen. Now the smart money’s betting Jerome Powell’s next move isn’t ‘if’ but ‘how fast’—because nothing revives animal spirits like cheap liquidity injections.

The Cynical Take: Of course this rally happens right after Main Street finally capitulated and sold their ETFs. The house always wins—especially when it controls the money printer.