Christmas present from Powell?
The Fed has held the current interest rates. More importantly, they have given signals that they are going to cut rates next year.
The Fed has also acknowledged that inflation has eased.
They say, don’t fight the Fed. Seems like the Fed is on our side now. Early Christmas present from Powell
The Fed has also acknowledged that inflation has eased.
They say, don’t fight the Fed. Seems like the Fed is on our side now. Early Christmas present from Powell
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Giovanni Duran : Record Breaking an all-time high, yet yield on the interest rate hike, recession postponed until 2024 if cryptos are regulated by January then we see a major sheets and balance consolidation. I am surprised at a Christmas rally. Congrats to those who profit.
Markio1315 : something is going to break. of coure it still can goes higher if focus is on more cuts next year. Question now next year is if it will be 2019 or 2009? JP doing something quite dangerous to front run the cuts. Probably doing together with the Biden admin. I can't imagine MM realizing all those expensive calls options this Friday.
Cow Moo-ney OP Markio1315 : Next year will be interesting. Meanwhile, ride the current trend until it bends.
OceansWave Markio1315 : From a technical angle, I do agree.. however when it will happen, hard to predict.. no one has a crystal ball…
At the moment, will just ride with the wave first… but still got to watch out for this Friday… OPEX, many options are expiring…
Master Corgi : Stocks will be bullish 2024
Cow Moo-ney OP Master Corgi :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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