Everything is going way up ahead of the speech... Didn't expect that.
Last edited by leolozon on Dec 15th, 2021 2:08 pm, edited 1 time in total.
Dec 15th, 2021 2:08 pm
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Dec 15th, 2021 2:19 pm
While the market is happy that inflation is taking cared off, faster hike means that valuations aren't going to be the same, right? The market seems overjoyed with this.JKCanada wrote: ↑ Because the press release is out:
https://www.federalreserve.gov/monetary ... 1215a1.pdf
Interest staying as is, sees 3 interest rate hikes next year
Reduction in monthly bond purchasing as expected
Dec 15th, 2021 2:23 pm
Dec 15th, 2021 2:25 pm
The algos seemed overjoyed, the first 5 minutes are their battleground. This always happen, a spike and a flush down to give most of it back, or vise versa. It's taking place right now. My reaction is this was all already expected, I don't see us putting a lower low today, but let's wait for the whole market participants to make their moves .
Dec 15th, 2021 2:25 pm
It's like the dot com bubble. they said a higher interest rate didn't matter. they said this is the new market paradigm.
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