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When I approach the new month I make a list of PROS and CONS with the purpose of how I believe markets will react on a macro scale. To put it simply, will markets go up or down?
CONS
- As of This October interest rates rose to 6.2%, the highest increase in 30 years.
-Economists predict a complete ‘taper’ of Fed bond-buying by end of March. (If you are new to this concept once covid started The FED started QE AKA They started buying bonds to the tune of 240 billion a month, no to mention all the stimulus we all know about.) - That is almost a quarter of a trillion dollars! Let me put this in perspective. In one month the FED could buy McDonald's valued at arguably 196.03B as of 12/9/2021 and still have some change.
(Scary thought I know)
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With the cons so bad how could any market go up?
PROS
-The one and only. Hedge funds get paid annually and quarterly. They make 2% plus 20% of any winnings. They have a fire burning beneath their seats. So if they want a job next year or that new Lambo they better deliver.
Figured I would keep this short and sweet.
Theory - January will see some volatility with a mad dash to the Finish line. January will be a different story. Maybe I will get more into that In another post. Don't miss out on the mad dash to the finish line and let's make that money.
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Hello @bazookamike! This is @indayclara from @ocd (Original Content Decentralized) team. We saw that you already posted your first blog here in Hive! Congratulations and welcome!
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I am confused are you bringing up the wolf of Wallstreet and McDonalds or my Twitter post someone else posted. With the purpose of reaching a larger audience. I am a frequent user of reddit so I make a lot of posts similar. I started Splinterlands and thought of helping this community with market ideas.
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