The Fed has to hike rates. If, by chance, they do not — markets will crater because the perception will be “Powell knows something ominous about the economy.” But after he hikes, he needs to get off his dot plot nonsense and simply state the Fed will be “data dependent” going forward, which is another way of saying ‘we might pause.’
If worded correctly, markets should spring load higher today.
Facebook is down sharply again this morning on a report that stated they permitted Netflix and Spotify see users’ private messages. That’s boldly unbelievable and also hilarious.
I sort of like this new police state spreading around the world. This way, government can keep good track of its citizens and throw them into jail cells if they get out of line. I know some of you bellow over the grave injustice of it all — but you’d do the same if trying to preserve an empire. You fuckers are just salty because your brokerage accounts are worth $8k.
Nasdaq futures are flat after fair value. Everything hinges on the Fed. No pressure.
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Jerome is going to kill it. He was born to do this.
Huge cock Powell should raise rates 100 basis points
FB up now. What a market.
1) FB profits for unethical customers
2) Zuckerburg: “I’m sorry, we scrwed up (puupy eyes). Pwease don’t be mad at wus. We promise to change”
3) Rinse and repeat
I was watching a report on this and one anti-FB person said: “I can’t stop using FB, All my freinds and family are on it.”
Once again, the root of the problem is American’s desire to have their cake and eat it, too.
1) We want cheap fruit and hotels, but we don’t want foreign labor
2) We don’t want illegal labor, but we don’t want to penalize companies that hire them
3) We want cheap goods, but we don’t want manufacturing jobs to leave our country
4) We want lower taxes, but we don’t want to cut services
5) We want a Wall, and we want Mexico to pay for it.
6) We want pre-existing conditoons to be covered at low premiums, but we don’t want healthy people to pay higher premiums.
4) We want privacy, but we don’t want to give up convenience
pretty much dead on. all of these problems people yap about could be easily solved…. easier to not solve to keep dumbasses voting and divided.
Any rally from Fed meeting will be the ultimate selling/shorting opportunity…