It's the day we've all been waiting for: Today, the Fed will cut rates for the 2nd time in 2025. All as the government shutdown enters day 29 and the data blackout continues. This will then be followed by a crucial press conference with Fed Chair Powell. One hour later, Meta, Microsoft, and Alphabet will all report earnings. That's earnings for three companies worth 9.1 TRILLION in market cap. Buckle up folks.(The Kobeissi Letter)