The Ephemeral Tourist

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  • No data = Fed on track. 10/5/25

  • The Fed has moved the goalpost 9/27/25

  • Independent Fed is no more? 9/1/25

  • Waiting to pick a direction. 8/18/25

  • Inflation and earnings to break the chop. 7/14/25

  • Lower low checked. 7/7/25

  • Higher until lower low. 7/6/25

  • Higher unless the breakout fails. 6/29/25

  • Mid-week update 6/25/25

  • What now? 6/22/25

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