I have a small tracking position in Ouster. The technology is interesting and the company is promising. I am waiting to add as I watch risks play out. #Trading Journal
We had the latest CPI numbers. They came in slightly hotter than expected. But the market seems muted. The hotter CPI may complicate things a little in Fed’s inflation fight. But I think it’s unlikely to change the probability of Fed pausing their rate hike campaign for the upcoming FOMC meeting, which is taking place next week. If anything, they will probably raise in Nov. Anyway, whether the Fed pause or raise interest rate, volatility will likely be here to stay as the macro environ...
razo2 :
they will raise rates next week. they won't pause. otherwise oil will fly so high it will send Biden and Jerome to the Wendy's dumpster fire. oil is going to spike up to the moon with no support from OPEC+ and SPR. the price to pay for backstabbing the middle eastern people.
PolyQrazo2:
Saudi and Russia and Iran are pushing the oil price but I think Fed will pause this month and keep in next month when the numbers become unacceptable.
#Trading Journal
The hotter CPI may complicate things a little in Fed’s inflation fight. But I think it’s unlikely to change the probability of Fed pausing their rate hike campaign for the upcoming FOMC meeting, which is taking place next week. If anything, they will probably raise in Nov.
Anyway, whether the Fed pause or raise interest rate, volatility will likely be here to stay as the macro environ...
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