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.
I suspect that Powell/Fed are going to war with Trump.
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.
Pretty sure the plan involves crashing the market. Precipice still coming. If not, we will have 4 more years of bs fighting in congress and media.
Well, I went to all cash in my long-term portfolio today.
Bear markets provide a great opportunity to make a lot of money from shorting.
I feel sorry for all the Average Joes and Janes out there who believed their "financial advisor," telling them to do a 50/50 stocks/bonds portfolio split.
The real market interest rates are going up. That means bond prices are going down. If stocks also go down, people who have been dancing about their 401k going up could get crushed when both stocks and bonds crater -- something their "financial advisor" told them would never happen.
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.
Pretty sure the plan involves crashing the market. Precipice still coming. If not, we will have 4 more years of bs fighting in congress and media.
Well, I went to all cash in my long-term portfolio today.
Bear markets provide a great opportunity to make a lot of money from shorting.
I feel sorry for all the Average Joes and Janes out there who believed their "financial advisor," telling them to do a 50/50 stocks/bonds portfolio split.
The real market interest rates are going up. That means bond prices are going down. If stocks also go down, people who have been dancing about their 401k going up could get crushed when both stocks and bonds crater -- something their "financial advisor" told them would never happen.
Buy some BTC etf or microstrategy, you can do it with traditional brokers, why hold cash if its melting at 11% whereas it could be growing ?