Can we put this to bed already and quit day dreaming about the Fed suddenly admitting that all of the threats they’ve been making to hike rates was all a joke?
The economic data isn’t going to get worse over the next month. As a matter of fact, it might get better. The Fed is going to tighten credit. How that will affect stocks is anyone’s guess.
Thus far, I’ve seen nothing but ostriches with their heads in the sand, when it comes to broaching this topic. Everyone saw the December rate hike coming and no one really prepared for it. The result was catastrophe over a period of 2 months. Will we get a repeat of that, or will the market rejoice–thinking the Fed is ‘one and done’?
If you enjoy the content at iBankCoin, please follow us on Twitter
Hell yah, the roof the roof is on fire. Raise rates and let the mother fucker burn, at least til the low of weekly range spx 1800 is tested. All you need is a week to test it as last aug, showed when the market is abandoned by the cb printing madness.
The cb seam to be on a three month on three month off cycle. Lets see how that, turns out.
The key word is months. Yeah let me know when they actually pull the trigger. I don’t believe a hawkish word coming from this lady considering the fact that she once called for negative rate in the US.