Fed Dot Plot Shift and My Watchlist

The latest FOMC meeting and subsequent dot plot release have definitely shifted my short-term focus. Seeing a more hawkish tilt from a few members, pushing out the timeline for rate cuts, especially when economic data like employment remains robust. It's not a dramatic pivot, but it's enough to make me re-evaluate some of the growth plays I had been eyeing.

Specifically, I'm watching how the dollar reacts over the next week or so. A stronger dollar could put pressure on some of the more internationally exposed equities. On the flip side, certain commodities might find some headwinds. Keeping an eye on $LDO, currently down today, at 0.286, which has been fairly sensitive to broader market sentiment. I'm not seeing it as a buy signal yet, more of a 'hold and observe' given the macro uncertainty creeping back in. My main concern is the market potentially repricing a longer 'higher for longer' scenario, which changes the calculus for risk assets.