Comment by
ezemoney on Dec 28, 2022 4:12pm
I like the saying "Everyone has a plan until you get punched in the face" in your case the punch in the face will be in '23 when your "plan: " Near end of tightening cycle.... Punches you in the face
Comment by
SNAKEYBOY on Dec 28, 2022 4:22pm
Near is the key word. Id like to see them take the overnight to over 5% without the long dated bonds going to 2%. The housing market and governments is built on a house of cards that will collapse at that rate. Unless the GREAT reset isn't a conspiracy theory...
Comment by
ezemoney on Dec 28, 2022 4:30pm
MY mind set going forward is "Don't expect a fed pivot until a flock of BLACK SWANS flies in and sh.its on everything causing unforseen financial calamities other wise the FED won't be able to wrestle inflation back to the good ol days.
Comment by
ezemoney on Dec 28, 2022 4:40pm
Yes that is the right attitude. The best in New York gave 1 piece of advise and no other and that is "The market will always present opportunities"
Comment by
DZtrader on Dec 28, 2022 9:54pm
I believe that quote belongs to Mike Tyson. As for tightening, the Fed is near done, 50 bips more MAXIMUM. Canada will follow suite but maybe in two smaller intervals, Anything more tips economies over the brink and they won't do that. This definately is a case of bark worse than bite. They have to talk tough but no way they go beyond above noted.