Hedges are back up after the Fed commented on their intent to stab markets in the stomach all through 2023. Their comments are not in line with recent data, pointing to a strong GDP.
THIS IS FOLLY.
Because of this disconnect, I opted to allocated 20% into SOXS — which is a trade and might be taken off. Nevertheless, it’s important to remember that the Fed is now actively trying to kill you.If you enjoy the content at iBankCoin, please follow us on Twitter
Still no dead bears
CPI continues to elevate.
0.1% in November and yet, people were ready for a party? SMH
Fed mandate is price stability. They’ve been “pussyfooting” with less than 1 point increases, when they should have raised to match actual inflation.
Interesting that the dollar is trading lower in spite of the tough talk. This is the end.
Bought some Brazil this morning. Won’t hold overnight. Never know who we’re going to democracize next.
Fed hikes 50BPS, blood pressure up 50BPS. From watching for decades they will err in the direction already headed, and ‘soft landing’ is a good dream.