Waiting for intraday lows to add some new longs Added SPXL SOXL and UPRO!!! Only small amounts of shares do to size of selloff Looking to add QLD soon
Rates should be around 5-6% ...I believe they are well behind the curb and inflation that they tout at 2% is actually alot higher....with the economy running on all cylinders and unemployment at historical lows for the last 3 years they should have increased rates at least 1% a year since 2014 or so which would have put the fed funds rate today at about 5% but they didn't. They had to keep wallstreet happy or else...now what I'm saying is that when the crisis and collapse comes the fed will have no cushion to absorb the shock of the slowing economy so the fed will take those 3 years of interest rate hikes away in a matter of months and right back to zero they will go. Yes they are predicting higher rates out into 2020+ however I don't think they are even forecasting ant type of recession in these future predictions. Everyone knows the economy is going to eventually slow but it seems the fed is nonchalantly ignoring this believing that GDP is going to be higher than originally forecased. Let them keep thinking that. This economy is on the edge of a recession that the fed has been desperately trying to prevent ever since they printed those trillions of dollars to prevent the crisis from unfolding to where it should have gone. The fed is going to be the cause of the next collapse!