Jumbo Fed Rate Hike Is in Play as Powell Sticks to Hawkish View

Amazing how the market goes, "F that... BTFD anyway".

One possibility is that the market goes, "ignore this, ignore that", then at some point, HOLY CRAP (wouldn't be the firs time)!

IMV, this is a high risk time to go big on either the bullish or bearish scenario.

 

Agreed.

 

I agree, I'm watching a lot of bears saying "This is it! This is the start of economic collapse! I'm going to sell everything right now!"

But I've seen the markets rally off of bad news in the past. And thankfully I got most of my assets in crypto, so it is well diversified.

BRING IT ON BITCHES!

 

$8 billion on put options, because consumer is getting crushed.

 

How is "most of my assets in crypto" well diversified?

 

Because, it's a hedge against inflation

 

That is not being diversified. That is putting all eggs in one basket.

 

Dude, Ethereum is about to merge....

Let that sink in for a minute...

 

Well, that is a crypto thing I do not understand, and you posted your thingy in the trading forum, not the crypto assets forum. You want to talk about the upcoming ETH merge, or fork or what have you, do it in the Crypto Asset forum. But do NOT tell me that all of your assets being in Crypto is "diversified".

Because it is NOT!

 

historically, bank stocks performed well in the high inflation and rising interest rate environment (versus SPX).