the market will launch up with the force of a thousand suns. Come on Jerome, just fucking be honest and say the right thing, which is you at least need to SLOW DOWN the size of the rate increases to judge their effects. That's all you gotta do, dude, don't let me down now...
He doesn't want to see the stock market rally. He wants the stock market lower, negative wealth effect, so he doesn't have to raise rates so much himself.
It is so clear, it is not in Fed's interest to see unreasonable market rally. He needs a strong dollar and must remain hawkish. Regardless, next rate hike is 50bps.
Wonder why it took so long for the market to rocket higher. After Powell said lower rate hikes starting in a few weeks I would have thought the markets would zoom higher. The DJ30 is very close to a higher high. If the DIA closes above the 8/16 close of $341.74 it would be a higher high. It is currently above that already.
https://finance.yahoo.com/stock-mar...-signals-slower-rate-hike-pace-152559361.html Baaaahahahahahaha, I called it, AGAIN! Almost to the very minute LOLOLOLOL. Has any man ever nailed so many predictions on any internet forum EVER? Absolutely not. Heck, I should start charging you guys for nailing these market calls for you! And you should be happy to pay!!!!!