Obviously the market is totally rigged, specifically the index funds being propped up by the fed. With that being said, there is no doubt that a rate hike will be announced by the fed at 2 pm est. I don't buy for a second that the markets have already priced in a 75-100 basis point rate hike. How in the world are the major indexes currently positive for the day? Who keeps pouring money in? What will happen when the habitual printing of endless money end? Bottom line, and this isn't investment advice, own hard assets. Gold, silver, land, etc. Between BRICS nations moving to a basket backed currency and the Saudi's starting to accept other currencies for oil, outside of the US dollar, our economic times of "prosperity" (compared to most of the world) are going to come crashing down. I know we've heard it a million times, but now is the time to prepare.
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Fed.
Put your money into DWAC. It’s the most important investment you can make as a patriot, and it’s on sale.
Why, they still haven’t approved the merger and aren’t going to…DWAC won’t be worth anything if the merger doesn’t happen
I think they absolutely priced in a .75 hike. That’s why the market puked last week on the inflation news. I don’t think they’ve priced in 1.00. If we get 1.00 I think you’ll see the market sell off hard
Gains?
They were all up over a percent after the announcement. They first dumped, then went positive. I've got shorts on SPY and PFE (I always short the vax companies). They ended negative, and I have a feeling they will trend in that direction after the Atlanta fed came out with data suggesting a third consecutive quarter of GDP contraction. I'm a doomer when it comes to our financial system. It's going to crash within the near future (20+%).