“Higher for Longer” Confirmed: Hawkish Warsh Sparks Risk-Off Move

*This is an important update. I have a lot of good stuff for you. After spending the first half of the session in the typical “FOMC Drift” (sideways), stocks turned sharply lower in reaction to the June FOMC meeting, which left the federal funds target range unchanged at 3.50%-3.75% with a 12-0 vote (no dissents),…