3309 Drysdale Ct
Edwardsville, IL 62025
Funny that's pretty much what I texted to Matt earlier
today....I think they go 75 basis points now (see below)
Former NY FED Dudley : I THINK THEY ARE GOING TO DO 75 BASIS
Steve Liesman - CNBC: The Fed likely to hike interest rates by
75 BPS this week
JP Morgan, Goldman Sachs : the Fed is going 75 BPS on
I don't understand the theory of 75 bps being bullish AT ALL --
but I've seen that a lot on Fintwit the last few days as well.
It's simply an acknowledgement the FED is attempting to address
(possible excuse for a relief rally) - however, it's far too little
and too late. As stated, they are in between a rock and a
hard place (putting it mildly)
I mean they addressed the issue by saying 2 50's and then see
what happens when supply chains ease and war ends (eventually).
They can't have enough data to backtrack on "wait and see"
before the waiting and seeing lol.
I was bullish when thinking about event volatility and OPEX and
all that, but if they do 75bps (and assuming its not a pull forward
and pause) that seems like a panic move -- shouldn't that
lead to a panic reaction by the market?
Panic move - they are light years behind the curve. I'm
sure the thought is that the sooner they raise the quicker they can
start another round of QE. What a mess
The problem now is the massive amount of debt unlike 2000-02 and
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!