The Federal Reserve at today’s meeting promised to increase its balance sheet at least the “current pace” which is about $80 billion per month. While there’s no mention on Yield Curve Control in the statement, this promise is a clear sign that the Fed will remain ultra expansive even if economic conditions improve. Markets welcome this declaration. US100 soars to 10100 points – a fresh all-time high.

Daily Summary: Buyers Refuse to Give In
US Natural gas extends declines 🔥📉
US OPEN: The wave of AI concerns is building again, oil returns near highs
Chart of the Day: US100 (Nasdaq 100). Rebound in AI trade vs. weakening technical picture