Santa Clause rally cancelled?
That was a real bummer last night, wasn‘t it? After I did my post last night, the markets fell even further. Powell indicated that they won‘t cut interest rates much further next year so „higher for longer“ FUD is back. It didn‘t come out of the blue, with inflation being sticky and economy robust, but the markets were probably smoking hopium.
But does that mean Santa Clause Rallye got cancelled this year? Personally I doubt it. The markets want it and what we saw yesterday was a bit of an overreaction imo. I wouldn‘t be surprised if we saw „buy the dip“ today and a relief bounce in the coming days.
Fingers crossed guy! We want our presents, don‘t we?
It has been a chill year so far.
Yeah, so far it is a Little drop but no rain at all. 🙌🏻
Thank you for your witness vote!
Have a !BEER on me!
To Opt-Out of my witness beer program just comment STOP below
View or trade
BEER.Hey @bluerobo, here is a little bit of
BEERfrom @isnochys for you. Enjoy it!Learn how to earn FREE BEER each day by staking your
BEER.Thank you for your witness vote!
Have a !BEER on me!
To Opt-Out of my witness beer program just comment STOP below
View or trade
BEER.Hey @bluerobo, here is a little bit of
BEERfrom @isnochys for you. Enjoy it!Do you want to win SOME BEER together with your friends and draw the
BEERKING.Thank you for your witness vote!
Have a !BEER on me!
To Opt-Out of my witness beer program just comment STOP below
View or trade
BEER.Hey @bluerobo, here is a little bit of
BEERfrom @isnochys for you. Enjoy it!Learn how to earn FREE BEER each day by staking your
BEER.That’s a crazy dip!
!MEME
Posted using MemeHive
Credit: idmr500
Earn Crypto for your Memes @ HiveMe.me!