Rate Hike Rally or Head Fake??

40K by end of year. Seriously.

Nevermind, market has quickly turned negative from +300 points after the announcement.

Boom. Just added another 295c hedge for cheap, just in case.

quote:

---

It's actually quite comical how it can shite on itself in 5 minutes.

---

A lot of it is probably algorithms reacting to news sites, social media and each other.

He is basically saying we can expect more interest rate increases and the leveling is at least many months away if not longer while at the same time not wanting to spook the market before the mid-term elections next week.

Inflation should have come down but it hasn't come down in fact is still increasing which means the soft landing narrative is now in the garbage can.

quote:

---

Rally on says the stock market. Rates continue to rise, Market Rally picks up steam!!

---

psych

I want whatever you are smoking

It’s a fricking joke. Just like most of the shite spewed on this board.

quote:

---

Inflation should have come down

---

Why? Rates are still ridiculously low comparatively

quote:

---

A lot of it is probably algorithms reacting to news sites, social media and each other.

---

I’d say that you’re spot on… and that Jim Simons’ boys at Renaissance were busy today ringing the cash register.