AXTI 2X Long ETF

IQE reiterating what the industry has said about InP:

With no dot plots and little guidance on rate hikes, traders place extra weight on Kevin Walsh speech. a hawkish hint can now cause a relatively huge wave in the market

Warsh’s hawkish tone reinforces the Fed’s focus on persistent inflation rather than recent cooling data. The sharp rise in September hike expectations signals greater policy uncertainty and could keep Treasury yields elevated, strengthening the dollar while pressuring rate-sensitive equities, particularly growth and technology stocks. However, the Fed remains data-dependent, with upcoming employment and inflation reports likely to determine the September decision.