The biggest reason for the stock price adjustment.

The biggest reason for the stock price adjustment.

1. Expectations for a rate cut have deteriorated significantly. It's down to 50% from 90% a month ago. Indeed, more Fed members are talking about a rate freeze this week.

I acknowledge the slowdown in the job market and consumption, but the business performance is so good. In fact, the third quarter's performance was so good. Evidence that the economy is still going strong. Even Wall Street sees better corporate margins.

Evidence: The slowdown in consumption is a temporary factor due to the shutdown and the slowdown in the labor market is a normalization process.

2. Prolonged data vacuum caused by shutdowns. Increasing concern that the Fed's decision could be delayed as the White House said yesterday that data release could be delayed further.

Conclusion: I'm writing, "Please cut interest rates!!!".