Post by
garyreins on Aug 23, 2024 9:10pm
GOOD VIDEO SCROOGE MCDUCK
PCE/inflation not expected to be an issue for remainder of year...otherr than a potential 1 month outlier. both powell and the biden team will have yet another EGG on their face
now just a question if employment and economic data deteriorates fast...I doubt that too
going to be a sept BS sell off probably, but Oct-Dec is going to be a the big rally
Comment by
Torontojay on Aug 23, 2024 9:51pm
You guys are celebrating as if J Powell landed the plane. This is far from over as we are only halfway there and it took over 2 years from when they started hiking rates. Don't worry. The plane can get turbulence on the way down too.
Comment by
garyreins on Aug 23, 2024 10:07pm
Powell was cracking jokes at jackson hole. He and the democrats are just going to fudge some data. Going to be a nice monster rally into 2025!