SUMMARY Fed rate cuts delayed as timing and magnitude are uncertain. The Trend is positive globally but growing too fast domestically, in our view. We believe the Crowd in the US is at an optimistic extreme and could remain elevated. Since our last ‘Three Tactical Rules’ update on April 2, 2024, the US market has rallied due [...] The post Three Rules Remain Neutral: The More Markets Change the More They Remain the Same appeared first on ETF Trends .