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Fed Might Need To Pivot Soon


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#11 skott

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Posted 28 February 2023 - 07:35 PM

[quote name="linrom1"
The best time to be born was in 1930-40s.[/quote]
I agree. I came to USA at age 20 in 1960. It was golden here then.

 

Yes and those born from say 1910-1930's were the best people. I'm amazed at what people did during that era. Today, I had to pay a kid $15/hour who had absolutely nothing to do, no job and he knew I needed help. He is 26 years old, I had to show him how to use a hammer to get a nail out of a piece of wood. The second day he came it was 85 degrees, too hot for him, he had to go home after 30 mins. That is the current generation


Edited by skott, 28 February 2023 - 07:36 PM.


#12 pdx5

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Posted 28 February 2023 - 07:56 PM

You really think politicians are going to stop spending excess money? The multi trillion deficits coming to end? The FED is not the real culprit. They are only guilty of accommodating the politicians by financing the deficits
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#13 K Wave

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Posted 28 February 2023 - 09:43 PM

IF you can't look at the lumber chart and tell immediately and instinctually that that is a multi-decade top.....I simply cannot help you.

 

And that is far from the only chart displaying that type of action.

 

And even the most moronic of the intellectual morons, Janet Yellen admitted the covid funny money was a big mistake, so I would not be counting on another one those episodes any time soon.

It was the culmination of monetary insanity, and now it is time to pay the piper for a while...

 

Just because stocks have not collapsed like everything else YET does not mean they WON'T.......

 

Like I have been saying over and over and over again, watch the Utes and REIT

And how 'bout them Utes in Feb, eh? 

LT momo now pointing straight down...Randy Stoklos spike action on price likely coming soon...

Going to 200 month MA minimum...

 

 


Edited by K Wave, 28 February 2023 - 09:45 PM.

The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy