I'm not expecting any rally to have much staying power until the Fed pivots. CPI is key. When it goes down and unemployment goes up, the Fed will loosen and a more sustainable uptrend can be expected.
I'm not expecting any rally to have much staying power until the Fed pivots. CPI is key. When it goes down and unemployment goes up, the Fed will loosen and a more sustainable uptrend can be expected.
I suspect there will be some easing of interest rate increases early in the new year.
I agree. The rate hikes take effect with a delay. They can't go on forever without slowing down the US economy.
I get the feeling that they are trying to smash it out as fast as possible so they can then "triage" for the elections.
Who's they and what elections? What does "triage" mean?
the FED - US election in 2024 - triage - repair the pain they have caused.
Do you believe the Fed would try to influence the election result?
Absolutely.