Post by
FastTrade on Oct 04, 2022 6:13pm
Investors are showing the Fed
just how strong the market really is without having pivoted yet and they may very likely use this strength to hold off on a rate freeze and NOT opt out for renewed monetary easing (in other words - a pivot) for a bit longer still.
Another possibility is that the US government and Biden, are influencing the Fed enough to actually pivot very soon to boost the markets in order to help support a corrupt Biden administration in the November mid-term elections.
With investors now anticipating this move, hence, the strong market and POG the last couple days in response.
Corrupt as it is with little doubt that a Biden and his governments me first move and everyone else be damned is really in place, and in that inflation will soar upwards after the mid-terms and the cost of goods and services will skyrocket upwards into 2023 may be how the Fed will be swayed in the coming days.
The POG on the other hand, in that particular scenario, would/will have its day in the sun sooner rather than later.
Comment by
garzillalives on Oct 04, 2022 6:34pm
Money is fleeing Europe and coming here because of the threat of the war spreading and lack of energy.
Comment by
fordster on Oct 04, 2022 9:35pm
Thanks for all your posts fastTrade....greatly appreciated