Or - Jerome decides to give it to us straight next week and the markets stroke out on the news. Nahhh...
posted yesterday
Started by
andr99
, Mar 16 2023 12:21 PM
11 replies to this topic
#12
pdx5
-
- Traders-Talk User
- 9,527 posts
I want return OF my money more than return ON my money
Posted 16 March 2023 - 10:25 PM
I think the situation is difficult to control. FED is caught between a rock and a hard place.
Raising rates could initiate a rock slide for banks . Not raising rates will make voters angry with persistent inflation.
My guess is FED raises rates by 2 steps of 25 basis points during 2023. And print money for the 3+ Trillion budget deficit.
No wonder Gold is outperforming. That gold canary is saying things look dicey.
Edited by pdx5, 16 March 2023 - 10:27 PM.
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule
