🚨 The Fed Chair’s speech and the conference are over 🇺🇸
A summary of the decision and Kevin Warsh’s speech can be found in the previous posts.
In very brief terms: we have a very hawkish Fed chair. He made it clear that as long as there isn’t a clear trend in the data, holding will be the closest option—and as long as inflation remains high, a rate hike is the most likely.
At least this time we have to applaud the Fed, because he strongly demonstrated his independence and didn’t get influenced by—or submit to—the orange one 🤣🤣 Most likely, we’ll see crazy statements from him about what happened, and the orange one will turn red 🤣🤣
Guys, as long as oil is high and inflation is high, negativity is in control. Any market rally may not last long because the dollar will remain king.
But don’t look at it too negatively, because what’s happening now could open golden opportunities to enter when prices become cheap again.

Follow-up please

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