The stock market continues to rally and it should continue especially with the Fed expected to cut Fed fund rate by at least 25 basis point if not more.
Looks like the stock market is now going into its fast uptrend, into a blow-off top before it collapses because of economic slowdown.
With President Trump's plan to replace hawkish Fed governors with dovish governors by February 2026, we could see market participants front-running those moves, and rally into blow-off top phase as short-sellers turn bullish and FOMO sentiments takes effect.
The Fed Chairman to be replaed by may 2025
