Nasdaq Keeps Pushing Higher On Rate Cut Hopes

The Tech heavy Nasdaq (and S&P) keep pushing higher from hopes for a rate cut by the FED.

What happens if and when the FED does actually start cutting rates in the Fall, do the Indexes keep going Higher when that happens, or will they get be at a higher level, that the rate cuts will be factored into the price... and then lead to a Sell-Off?

What if Inflation continues to be an issue going into the Fall, and the FED doesn't cut rates, will the Indexes Sell-Off?

With an Election coming up this fall, I suspect the market is climbing higher during the summer months on the expectation of a rate cut, but once Sept & Oct come, there will be a lot of uncertainty around the elections, which could start a sell-off as volatility rises... let alone a Black Swan Event. It may be a good time to look at taking profits this month as the indexes keep pushing higher, then wait to see what Sept and Oct bring. Hopefully, we don't get a Black Swan Event, but I suspect we are due for one... and the trigger could be the Election, War, or BRICS.