| | | I am guessing, the market goes flat-to-down, no big moves, till the 14th, when the Fed tells us our fortune.
I am guessing, they do “only” 50bp. And Powell doesn’t scream, “Doom, doom, doom, abandon all hope.” He doesn’t cut his wrists during the press conference. The market will decide this is bullish, and do RiskOff.
I am guessing, RiskOff continues, but then dies when 4Q22 earnings are reported.
I am guessing, we then set new bear market lows in 1Q23.
Like you, I am doing nothing now, just watching alertly. |
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