That was always the expectation wasn't it
yes but the FED is known to change their minds and details so it’s news lol
Summer bull market? Been hearing ppl say that
maybe
It was, the only difference here is Balance sheet reduction starts in March
Way sooner than expected, kind of negative there
Powell dodging questions, causing confusion, this guy blows
the way he words everything is so purposefully vague and trying to be calming
What do you think happens now? More crabbing?
In terms of stock market (and crypto) I think we get a little relief and then get back to about same lows of this week or even a bit lower
Nasdaq could go even to around 12k
Assuming that would move down crypto as well for now
I am bullish for rest of the year though, but crypto worries me a bit more due to 2018 scenario when Fed reduced balance sheet. Crypto bottomed and took years to recover while stocks kept on going up
Notice how every time yields invert we get a recession (but markets get a final blow off top that can last a few months to a bit over a year after yields invert).
the way he words everything is so purposefully vague and trying to be calming
It isn't calming lol, Powell blows
In terms of stock market (and crypto) I think we get a little relief and then get back to about same lows of this week or even a bit lower
Nasdaq could go even to around 12k
Assuming that would move down crypto as well for now
I am bullish for rest of the year though, but crypto worries me a bit more due to 2018 scenario when Fed reduced balance sheet. Crypto bottomed and took years to recover while stocks kept on going up
Notice how every time yields invert we get a recession (but markets get a final blow off top that can last a few months to a bit over a year after yields invert).
https://fred.stlouisfed.org/series/T10Y2Y
So I guess to stay safe, just dca for now
It isn't calming lol, Powell blows
“trying” lol
but yea
So I guess to stay safe, just dca for now
I think most people should be doing that with a majority of their money. Some peoples circumstances differ though
“trying” lol
but yea
"Fed will start to sell balance sheet when hikes start"
Ok so March
Then someone asks Jerome and he goes "We haven't determined exactly when we will start to sell"
Like wtf man, how clueless can you be
It isn't calming lol, Powell blows
He can't do s*** dumbass. We are $30 trillion in debt
He can't do s*** dumbass. We are $30 trillion in debt
Wtf does that have to do with being clear on speaking
Do you even understand the Fed balance sheet
Crine "why is he being vague?"
Yeah bro I'm the dumb one
correction is far more likely
a bear market is always possible but odds would say you get a correction
we already in the correction
F*** everyone who says "this is not financial advice"
I need financial advice bro just tell me when to buy and sell
Pls stop fighting frens
Drumpf vs 0 is the crypto thread version of Goku and Vegeta
How have y’all not learned in the past 7 years? Do the exact opposite of Donald and you’ll come out on top every time
How have y’all not learned in the past 7 years? Do the exact opposite of Donald and you’ll come out on top every time
idk about his past predictions but his latest one of a small rally and then fall seems to be true right now