Holy crap, it actually makes money every time!
Tonight, Wosh will deliver his first important speech at the Jackson Hole Economic Symposium
Does it have any impact on the stock market or crypto?
Yes
But… it’s not that important, right?
Anyway, I’m not a news trader
Based on the previous summaries of Wosh’s multiple meetings with the Fed
For things like inflation, interest rates, and economic growth
he will most likely still mention them
But this is a world-class venue; by itself that means he won’t just say whatever
Personally, I think he will most likely be more neutral, not especially leaning to either side
Because he knows that if he says the wrong thing, it can have an adverse OR beneficial effect on the economy
Of course
If he was instructed by the “yellow-haired guy,” then it’s a different story
It’s precisely because of all these uncertainties
Including conspiracy theories (people with ulterior motives—don’t assume some people are as noble as you think)
So news is just news—it just shows you what you’re seeing
Back to the market itself: as long as it’s not something truly meaningful, like
rate cuts OR rate hikes
the rest—if you have the time, go research it
In the end
As for the so-called “analyzing news possibilities,” you all—TM—blow it way out of proportion
Keep blowing; if you’re right, fine. If you’re wrong, you don’t lose anything
And then, the “always profitable”—doesn’t it show up?
DYOR
$BTC $SNDK
Tonight, Wosh will deliver his first important speech at the Jackson Hole Economic Symposium
Does it have any impact on the stock market or crypto?
Yes
But… it’s not that important, right?
Anyway, I’m not a news trader
Based on the previous summaries of Wosh’s multiple meetings with the Fed
For things like inflation, interest rates, and economic growth
he will most likely still mention them
But this is a world-class venue; by itself that means he won’t just say whatever
Personally, I think he will most likely be more neutral, not especially leaning to either side
Because he knows that if he says the wrong thing, it can have an adverse OR beneficial effect on the economy
Of course
If he was instructed by the “yellow-haired guy,” then it’s a different story
It’s precisely because of all these uncertainties
Including conspiracy theories (people with ulterior motives—don’t assume some people are as noble as you think)
So news is just news—it just shows you what you’re seeing
Back to the market itself: as long as it’s not something truly meaningful, like
rate cuts OR rate hikes
the rest—if you have the time, go research it
In the end
As for the so-called “analyzing news possibilities,” you all—TM—blow it way out of proportion
Keep blowing; if you’re right, fine. If you’re wrong, you don’t lose anything
And then, the “always profitable”—doesn’t it show up?
DYOR
$BTC $SNDK
