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re: Fed Hikes Benchmark Rate by 25 Basis Points, Signals More Increases to Come
Posted on 2/1/23 at 4:12 pm to Jjdoc
Posted on 2/1/23 at 4:12 pm to Jjdoc
quote:Well, the market says it is perfectly under control.
I thought everything was under control now.
As someone with a truckload of cash on the sidelines, this market reaction (18X earnings) makes about as much sense as TSLA did at $400 or BTC at $60K. But it is what it is. I've been waiting for a pullback since the Oct run. Nothing! It's my worst market miss since going all-in in Feb 2009. Capitulating to 4% FIMs.
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