{"id":76273,"date":"2025-09-13T17:31:20","date_gmt":"2025-09-14T00:31:20","guid":{"rendered":"https:\/\/drduru.com\/onetwentytwo\/?p=76273"},"modified":"2025-09-16T16:23:06","modified_gmt":"2025-09-16T23:23:06","slug":"the-melt-up-continues-as-rate-cuts-beckon-the-market-breadth","status":"publish","type":"post","link":"https:\/\/drduru.com\/onetwentytwo\/2025\/09\/13\/the-melt-up-continues-as-rate-cuts-beckon-the-market-breadth\/","title":{"rendered":"The Melt-Up Continues As Rate Cuts Beckon – The Market Breadth"},"content":{"rendered":"\n

Stock Market Commentary<\/strong><\/h2>\n\n\n\n

The stock market leaned into a melt-up as a constant stream of IPOs signaled risk-on appetite even as a massive downward revisions in jobs in the 12 months through March, 2025<\/a> implied more than expected economic weakness ahead. Rate cuts beckon as a result of this broadening weakness, and Wall Street has chosen the positive side of the ledger<\/a>. The market was not even fazed by an inflation report showing stronger pricing pressures in the economy<\/a>. Thus, I see heightened uncertainty surrounding the immediate aftermath of the coming rate cuts. The current melt-up is likely pricing in a lot of good news from rate cuts<\/a>. The presumed minimal margin for error could easily generate a sell-the-news reaction concomitant with September’s reputation as one of the most dangerous months of the year<\/a>. On the positive side, the current stability in market breadth maintains a bullish undertone to the market. <\/p>\n\n\n\n