iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
23,315 Blog Posts

FED HIKES BY 50BPS — HAWKISH AS FUCK

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.

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5 comments

  1. txchick57

    Still no dead bears

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  2. Orson

    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.

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  3. purdy

    Interesting that the dollar is trading lower in spite of the tough talk. This is the end.

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  4. purdy

    Bought some Brazil this morning. Won’t hold overnight. Never know who we’re going to democracize next.

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  5. soupbone

    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.

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