But do think about refinancing your home mortgage.
Let's look at the chances of cuts in September and October, and how to use dollar and yen exchange-traded funds to your advantage.
Markets got hit hard in May when trade talks broke down and the president instituted new tariffs, but things are different now.
While the Fed action was widely expected -- even if the market was hoping for clear signals of future cuts -- here's my read on what this means for markets and how I am thinking about positioning going forward.
The announcement of a rate cut is just a trigger that leads to a series of reverberations, so know how to navigate the volatility afterward.
Will we see no cut, or a 25- or 50-basis-point chop? Here's what is likely to happen.
Look for the market to digest the DOJ antitrust news quickly and focus again on the Fed and earnings.
Beware the old way of thinking about the Fed.
This appears to be one of the most spirited debates within the Fed in several years.
Despite anxiety over a possible slowdown and rate-cut decision at the end of the month, bears don't follow-through on Tuesday as buying picks up.