Wall Street didn’t fall due to a bad report. It fell because of a phrase 🪓
Kevin Warsh gave no clues or dates at Jackson Hole. But he made it clear that if inflation doesn’t cool, rates could be SUBSEQUENTLY RAISED again in September. That was enough to open that door.
Because inflation is still at 3.7% when the target is 2%. It doesn’t fit the suit.
And yet the S&P only fell -0.25%, the Nasdaq -0.52%, and the Dow was flat. Why so little, if the threat was so big? 🤔
#sniper600 #jacksonhole #warsh #fed #bolsa #mercados #nvidia #marvell #paypal #trading #inversiones #wallstreet
Kevin Warsh gave no clues or dates at Jackson Hole. But he made it clear that if inflation doesn’t cool, rates could be SUBSEQUENTLY RAISED again in September. That was enough to open that door.
Because inflation is still at 3.7% when the target is 2%. It doesn’t fit the suit.
And yet the S&P only fell -0.25%, the Nasdaq -0.52%, and the Dow was flat. Why so little, if the threat was so big? 🤔
#sniper600 #jacksonhole #warsh #fed #bolsa #mercados #nvidia #marvell #paypal #trading #inversiones #wallstreet