Post by
CaneIsAbel on Mar 17, 2021 7:26am
Feds in focus
Jerome Powell is likely to do nothing today with any policies. He may allow some benefits to the banks expire at the end of this month which is being made out to be a big deal by seeking alpha and every other short seller wet dream organization to create another rift and take retailers money and shares cheaply. They rinse and repeat over and over and when people will learn what they are up too is beyond me. Expect volatility today and possible another fake panic sell off exacerbated by hedge funds and Wall Street elites to bring bring prices down make fortunes on short positions and then take up long positions as the average unintelligent investor sells off in panic. With that being said, I'm hoping after three mass sell offs and instant rebounds people have learned not to panic sell and understand what's actually going on here. Expect everything under the sun by Wall Street journal, seeking alpha and every garbage rag tag news agency attempt to over play rising yeilds and the need for the fed to take action and then when they don't create mass panic. My advice to all is just chill and breath nothings changed, there's always a rebound. Tough times (especially artificial ones created by the aforementioned parties and Wall Street elite) don't last but tough people do.