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Posted 25 August 2022 - 12:26 PM
Powell reportedly is going to present a speech tomorrow at 10 am at the Jackson Hole Fed conference. As usual he is likely to give a balanced view on the economy and the Fed policies. The key is how the market is going to react to it. I see it a wild card .....................
Edited by redfoliage2, 25 August 2022 - 12:29 PM.
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Posted 29 August 2022 - 03:30 AM
As the Fed staying hawkish the stock market is to resume the bear run after the recent bounce, and to make lower lows as soon as next month.......................
Edited by redfoliage2, 29 August 2022 - 03:38 AM.
Member
Posted 29 August 2022 - 12:54 PM
Okay, it looks we are getting an over sold bounce going here, let's see how much it will recover, 38%, 50%, 62%, or even 100%?
Edited by redfoliage2, 29 August 2022 - 12:57 PM.
Member
Posted 30 August 2022 - 10:34 AM
Okay, it looks we are getting an over sold bounce going here, let's see how much it will recover, 38%, 50%, 62%, or even 100%?
