I just wish I was trading it (on the short side), but I don't trade on FOMC days.
The market, overall, has been VERY weak in MOST sectors. A small number of stocks have been holding up the indexes. But even those got hit hard today.
I suspect that Powell/Fed are going to war with Trump.
They will try to screw up his admin, possibly to save the Federal Reserve itself from being replaced (we can hope, right?).
I would not be suprised to see a bear market gaining strength, as the establishment tries to destroy Trump's agenda. Expect to see the Fed and others coming out with stories to disrupt the markets.
JPOW isn't at war with Trump. In fact, he capitulated. Remember the rash of posts "I have been sick with COVID. I'm glad I've been vaccinated, or it would have been worse!"
All of those posts on Twitter (not yet X) were identical and were suspected to be a dog-whistle for capitulation to the MAGA movement.
Yeah, ugly day.
I just wish I was trading it (on the short side), but I don't trade on FOMC days.
The market, overall, has been VERY weak in MOST sectors. A small number of stocks have been holding up the indexes. But even those got hit hard today.
I suspect that Powell/Fed are going to war with Trump.
They will try to screw up his admin, possibly to save the Federal Reserve itself from being replaced (we can hope, right?).
I would not be suprised to see a bear market gaining strength, as the establishment tries to destroy Trump's agenda. Expect to see the Fed and others coming out with stories to disrupt the markets.
JPOW isn't at war with Trump. In fact, he capitulated. Remember the rash of posts "I have been sick with COVID. I'm glad I've been vaccinated, or it would have been worse!"
All of those posts on Twitter (not yet X) were identical and were suspected to be a dog-whistle for capitulation to the MAGA movement.