I think people are becoming numb to what the Fed does or say...
I think people are becoming numb to what the Fed does or says. It used to take a week or so for stocks to show any real improvement after they dropped an announcement. Now it’s a day or two. The Fed is trapped at this point. Theyre addicted to printing money and government loves to spend it on stupid things like trying to maintain their laundromat in Ukraine or play war in the Middle East and Africa. Consumer spending was reported to be at an all time high even with record inflation, so people are now detached from reality. Some industries might continue to see stagnant results but most will move on like nothing has happened.
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