Managing expectations again
Powell is managing market expectations again as in his latest speech, he shared that the rate cut move will likely be at a slower pace than the market expects.
He also cautioned that economy is very strong now, so they have to make very careful decision on rate cut. The Fed wants to see more evidence that inflation is dropping to 2%, sustainably.
Treasury yields popped, and the market dropped.
He also cautioned that economy is very strong now, so they have to make very careful decision on rate cut. The Fed wants to see more evidence that inflation is dropping to 2%, sustainably.
Treasury yields popped, and the market dropped.
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Successful investing is about managing risk, not avoiding it. DYODD
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70135330 : hey guys it seems like will see very soon $2 dollars a share
Skye7171 70135330: don’t get too bearish look at the 5 year graph. this is an easy multi month trade