When the macro picture shifts, look at the broader market first: $BTC .
The Fed’s pause in rate hikes does little to ease pressure on longer-term rates, while divergence across stocks highlights financing challenges. 10.29—policy sets the broader backdrop, but market action determines the specifics.
The news is a plus, but there are plenty of examples of markets surging and then retreating after good news.
The Fed’s pause in rate hikes does little to ease pressure on longer-term rates, while divergence across stocks highlights financing challenges. 10.29—policy sets the broader backdrop, but market action determines the specifics.
The news is a plus, but there are plenty of examples of markets surging and then retreating after good news.