There is a Fed Fund Rate meeting coming up on Wednesday and the day after the CPI data. The problem, Greg has that the fund rate is coming up relatively quickly. The bigger issue is the Rate of Change (ROC) moving up so fast. Cars are being priced at 7%-9% interest rates now, and that is affecting what cars people are buying. The Bank ETF has lost the 2- year relative strength trend. Bottom line, Greg emphasizes caution.
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