Greene: Today’s market is a circus, just take a deep breath

Market Overview - The market is currently experiencing high volatility, described as a "circus," due to events like CPI data release, Oracle React, and Gemini IPO [1] - The advice is to remain calm and avoid overreacting to market fluctuations [1] Interest Rate Expectations - A 25 basis point rate cut by the Federal Reserve is largely expected [1] - A CPI below 32% would be needed for the market to feel comfortable with a 50 basis point cut [1] - CPI in the 035%-04% range would raise questions about whether there will be two or three cuts [1] - September rate cut is highly anticipated [1] - Stable inflation is needed to give the Federal Reserve flexibility to address labor market weakness [1] Rubric Analysis - Rubric's stock fell after earnings, presenting a potential buying opportunity [1] - Rubric specializes in ransomware and ransomware recovery, operating as a smaller cybersecurity company focused on data security in the cloud [1] - Rubric is viewed as a potential acquisition target in the next 12-18 months due to consolidation in the tech sector and the growing importance of cybersecurity [1] - As AI heats up, so does the AI threat level [1]