“The Nasdaq’s record reflects more than enthusiasm for tech,” said Nigel Green, chief executive of deVere Group. Investors are betting on a cut, almost daring the Fed to keep pace.”Markets are fully pricing in a 25-basis-point reduction when the U.S. central bank concludes its September 17 policy meeting. It expects the Fed to act to prevent a sharper downturn.”Bond yields continued to retreat as traders positioned for looser monetary policy. The shift highlights how rapidly expectations have changed since the weak payrolls report. “Even if inflation data comes in hotter, the Fed will likely treat tariff-related price spikes as temporary,” the deVere chief executive said.