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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: The Ox who wrote (74723)12/14/2022 5:02:38 PM
From: Jacob Snyder5 Recommendations

Recommended By
ajtj99
Area51
Clam digger
The Ox
towerdog

  Read Replies (1) | Respond to of 97986
 
< I see no reason to be more pessimistic today than I was 2 or 3 months ago.>

I do. Today, the Fed signaled they will overshoot….again.

During the pandemic, they did QE and ZIRP for too long, causing today’s inflation. Now, they are going to continue QT and raising rates for too long, causing a hard landing. What Powell said today, almost guarantees stocks go down in 2023.