Let’s see what this sudden rate hike does Anons. Will it keep this odd market up, or drop it like a rock? I for one have been awaiting the big stock collapse that has yet to happen. Let us watch today and tomorrow to see. God bless you all Anons, and please stay prepped.
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Hard to tell if the Fed is fear mongering with the rate hike. They always do the opposite of what they are going to do since they are DS.
For example, say they will raise rates but will continue print money and buy assets.
When "the taper" was supposed to happen, they continued to buy assets as well. The Fed balance sheet kept increasing.
https://fred.stlouisfed.org/series/WALCL