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re: FED decision today and implications
Posted on 11/2/22 at 10:12 am to BarleyPop
Posted on 11/2/22 at 10:12 am to BarleyPop
The Fed is fighting credit markets and equity investors are fighting the Fed. It's quite entertaining TBH. I wouldn't want to be short the dollar unless monetary AND fiscal stimulus were imminent.
1
Posted on 11/2/22 at 10:33 am to wutangfinancial
I'm short the dollar because it is through the roof and will come down at some point. When that will be keeps getting kicked down the road. In the meantime, I can make some aggressive plays at a stronger dollar because I'm covered if it weakens.
My open positions will be dramatically different a few hours from now after Powell speaks.
My open positions will be dramatically different a few hours from now after Powell speaks.
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