Base case: Fed doesn't cut, that unwinds the 30% odds priced in and gives the market a relief rally, but it probably doesn't stick. Warsh reads mostly neutral, though he may still crack the door to a September hike. If megacaps cooperate there's follow-through into tomorrow, but the plan is paring gains into strength, not chasing it.
Aggregated and distilled by Two Sentence Traders. Not financial advice.