After the Fed trimmed another 25BPS from interest rates and guided 50BPS in cuts for 2025, Danny Kirsch says the FOMC has reason to back its decision. He believes the U.S. economy is strong enough to warrant the Fed curbing its expectations from September. As for the state of the markets, he worries about long-positioning and market breadth getting too thin. Danny also dives into Tesla's (TSLA) gamma squeeze to offer a closer look at its parabolic stock spike.

======== Schwab Network ========

Empowering every investor and trader, every market day.

Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe

Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185

Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7

Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch

Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore

Watch on DistroTV - https://www.distro.tv/live/schwab-network/

Follow us on X – https://twitter.com/schwabnetwork

Follow us on Facebook – https://www.facebook.com/schwabnetwork

Follow us on LinkedIn - https://www.linkedin.com/company/schwab-network/

About Schwab Network - https://schwabnetwork.com/about