Bank of America says "The Fed has to crush consumer demand with much higher rates"

• Americans' strong spending is keeping inflation elevated and sticky, which makes the Fed's job harder. 
• The Fed will have to employ more interest rate hikes to crush demand and tame inflation, Bank of America said Monday. 
• For the Fed to reach its 2% inflation target, consumer demand will have to weaken "considerably" and a recession is likely. 

https://markets.busi...ign=business-sf

No doubt bullish ehh Pdx5 ?

No doubt bullish ehh Pdx5 ?

I am long term bullish, intermediate bearish, and short term I ignore.

MD, that is a nice video. thanks for the link.
Kinda long, so will see while soaking in bathtub after my gym visit today.

Yeah, Mav was a money manager also a trader. I think his channel started about a year ago. He adds some humor into his videos which is nice. Seems to have a good feel for the market.

 

MD, that is a nice video. thanks for the link.
Kinda long, so will see while soaking in bathtub after my gym visit today.

Yeah, Mav was a money manager also a trader. I think his channel started about a year ago. He adds some humor into his videos which is nice. Seems to have a good feel for the market.

 

On His Fed overdoing it (duh)....may be just about to be triggered on HomeBuilder ETF...

If bulls do not gap it up out of here, the SWUP under the 4 hour 900 looking potentially very bearish....

and 15 min at massive decision point....so still not ruling out bulls stick save for another couple of days...

But under $67 for any length of time could be very no bueno now