New fed chief, rates climbing, inflation fears. Now I think the inflation concerns are overblown at this point as I’d rather have growth and some inflation but the market seems pretty fixated on it. Maybe it will be a non event but we shall see.
New fed chief, rates climbing, inflation fears. Now I think the inflation concerns are overblown at this point as I’d rather have growth and some inflation but the market seems pretty fixated on it. Maybe it will be a non event but we shall see.
Whats funny is, I could know ahead of time what the minutes would say, and I would have no idea how the market would react. I think the whole inflation thing is overblown also. Profits are what matters, and companies are reporting good guidance for the upcoming year. I think this market rip roars to the upside, I just don't know when or from what level.But I think the minutes being released are from Yellens last meeting, not sure how much influence the new chief would have in these minutes.
They're eating the Penguins, they're eating the seals...
The great unwind will soon be upon us. Thats the wildcard that may trump earnings. I just can't imagine the Fed going to fast
They're eating the Penguins, they're eating the seals...
I think if interest rates on the 10 year bump over 3 then it may cause a major drop. I don't think it should, because 3 is still historically low, but it seems like that is the psychological number that everyone seems to be talking about. I wish they would take a bigger view of all of this.
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