There are surely investors on both sides of the fence. Some in position in case a 50bps materializes, some who didn't want to commit too much until they hear a cut is confirmed, and a few risky gamblers hedging on Powell announcing flat rates or a hike.
I could see Wednesday having intraday volatility if we get a 25bps cut, but close to flat for the day when the dust settles.
I hate my job so much. I hate it constantly and often. I dread going every day but it makes me more money than anything else I am qualified for. Someone please give me some magical copium fairy dust stock to 5x so I can quit forever and pursue my real dream of becoming a WSB regard mod