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This is all based on speculation. The Fed’s job is not to to cater to the stock market bulls, their job is to exercise what they think is sound monetary policy. Powell’s goal is to slow inflation, & when his policy sets in, projects made possible by cheap money will be abandoned.
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Here’s why the stock market’s big bounce doesn’t mean investors will outrun the bearVolatility doesn’t take a holiday. Our call of the day says investors need to be prepared to ride these markets out for many miles before a bottom is in and we can see a resumption of that uptrend. Was watching the DJI on YahooFinance live... It ain't pretty New_Narrative Investing in stocks with unstable boy genius in the WH is like playing Russian roulette. JustDont
Source: MarketWatch - 🏆 3. / 97 Read more »
Here’s why the stock market is a ‘hot mess’ — and how January could calm the chaosIt’s been a long, holiday-shortened week for stocks. Our call of the day says all of this chaos could clear up in January.
Source: MarketWatch - 🏆 3. / 97 Read more »