Feb 1, 2023 FOMC Meeting: To Hike or Not to Hike?

Discussion in 'Economics' started by HeSaidSheSaid, Jan 28, 2023.

  1. schizo

    schizo

    Somebody help translate what this young feller is saying. He makes me feel senile.
     
    #11     Jan 30, 2023
  2. The chart says a hike bigger then expected would finally push markets in the capitulation phase
     
    #12     Jan 30, 2023
  3. Nine_Ender

    Nine_Ender

    You really are out of touch with what is going on then. Why on earth would the Fed do a bigger hike that would be irrational. Inflation is being crushed. Try to keep up.
     
    #13     Jan 30, 2023
  4. -sorry I don't see the inflation being crushed at the supermarket level. it still remains high.
    -I think the interest rate news could have been priced in. it's time to dump.
    -it seems NASDAQ anticipated Apple is not going to come out with a rosy earning report.
    "China's 2022 smartphone sales plunge to lowest level in a decade"
    "Apple's overall sales fell 4.4% year-on-year, according to IDC, while all other rivals excluding Honor saw sales fall in the double digits".
    China's 2022 smartphone sales plunge to lowest level in a decade | Reuters
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    #14     Jan 30, 2023
    apdxyk and SunTrader like this.
  5. SunTrader

    SunTrader

    DFTF

    "Don't fight the Fed".
     
    #15     Jan 31, 2023
  6. Poljot

    Poljot

    But is was not sufficiently hawkish.
     
    #16     Feb 1, 2023
  7. destriero

    destriero

    lol so which is it? Clown shoes.

    Powell signaled rates are independent of labor. That's a pivot.
     
    #17     Feb 1, 2023
    Poljot likes this.
  8. Poljot

    Poljot

    There will be "ongoing increases", so more then one.
     
    #18     Feb 1, 2023
  9. I don't think the independence or the disconnect is going to last every long, once those big job cuts from Tech companies would take effect and cascade down (collaterally) to other sectors, ... there're consequences to those big layoffs, then the FED would have the unemployment problem on their hands. Additionally, the bond markets are telling we're going to have recession in the near future (I think w r in the calm period before the big storm like it happened in the past). that's why I think the FED would go easy on the rate today. They didn't want to rock the boat too much (the job boat).

    [I think your wife thinks you're having an affair with a Greek Aphrodite with all the Vega, Theta, Gammy, options talk).


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    Last edited: Feb 2, 2023
    #19     Feb 2, 2023
  10. Nine_Ender

    Nine_Ender

    It's a dynamic situation so just because they said something doesn't mean they'll hike. You might get one more 0.25%. Canada already paused. The US doesn't operate in a bubble. The chances of a 0.50% hike today was almost zero in reality I was surprised how many thought otherwise. No, the US Fed doesn't exist to crash markets and support short side day trader's dreams and greed.
     
    #20     Feb 2, 2023