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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts

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To: Lee Lichterman III who wrote (82182)10/19/2023 11:57:55 AM
From: The Ox  Read Replies (2) of 97611
 
I'm viewing the rate move as more of a spring that's being coiled down. It can take a lot more pressure but at some point the pop back will be impressive. We may be many quarters away or maybe the market will realize there's almost no reason for the FED to keep raising rates at this stage of the process.

People seem to need instant gratification and these processes play out in quarters or years.
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The Republicans in the Congress don't seem to be able to wipe their own asses. Calling Biden's spending like a drunken sailor is a real giggle. Please tell your team to get their F'n act together, then we can worry about spending, taxes and what laws need to be updated from the 18th century into the 21st....

There's a lot more common ground than impasse but you'd never know it listening to the talking heads, IMO.
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