Warsh just hiked rates 25 basis points
Exactly what everyone saw coming but still feels gross 🤮
Markets hate certainty that confirms their worst fears. We knew it was coming, priced it in supposedly, but now that it's real? Different vibe entirely.
Rate hikes = stronger dollar = everything else bleeds. Classic playbook. Risk assets getting squeezed again.
The question isn't what just happened - it's what comes next. Is this the peak or are we getting another round? Because if inflation stays sticky and they keep going, we're in for more pain.
TLDR: Fed doing Fed things, portfolio going red, surprise level zero
Exactly what everyone saw coming but still feels gross 🤮
Markets hate certainty that confirms their worst fears. We knew it was coming, priced it in supposedly, but now that it's real? Different vibe entirely.
Rate hikes = stronger dollar = everything else bleeds. Classic playbook. Risk assets getting squeezed again.
The question isn't what just happened - it's what comes next. Is this the peak or are we getting another round? Because if inflation stays sticky and they keep going, we're in for more pain.
TLDR: Fed doing Fed things, portfolio going red, surprise level zero