Post by
DZtrader on May 01, 2024 2:23pm
Exactly inline with telegraphed expectations
Nothing to see here. Fed statement was precisely as the market expected, nothing more nothing less. I reviewed the"red lined" statement and only minor non event changes. With the one slight positive they will be slowing the monthly redemption cap on treasury securities of 60B to 25B. This is pretty much as anticipated as well. Will await presser here shortly, should prove to be a bit more interesting than the statement.
Comment by
garyreins on May 01, 2024 2:25pm
I think we'll let the market analyze the fed. Waiting for a flush any minute now. It always comes at the PRESSER.
Comment by
DZtrader on May 01, 2024 2:26pm
.....................forgot to mention but bond yeilds have come down since the statement given the reduction in balance sheet run off, despite what numb nuts is spewing. Presser could change things but we will see. It will be interesting to see if he takes a slightly more hawkish bias, I am not entirely convinced you will see much change though, will see.
Comment by
garyreins on May 01, 2024 2:28pm
You dont learn do you? Its fake out to upside first, then the FLUSH after.
Comment by
DZtrader on May 01, 2024 2:30pm
Oh I see, thanks Pro or Guru or what ever you call yourself these days, numb nuts. I guess I will never learn.
Comment by
DZtrader on May 01, 2024 2:44pm
Now don't you just feel like a bafoon?! You really must be tired of getting everything wrong, every time you open your yap. Good presser, no surprises no hikes on the horizon as the market moves higher. Guess I will never learn, numb nuts.