Post by
pacer001 on Sep 20, 2022 11:46pm
Brace yourselves! Wednesday pm the Al Capone of ...
... today Fed mob boss Powell drops the bomb on how much pain and suffering he will inflict on the markets and us in the form of higher interest rates.
My take: the markets are already so shocked and down that they won't drop much more. So another buying opportunity? Especially for Recaf? Seriously considering it!
Comment by
pacer001 on Sep 21, 2022 7:44am
Early Wednesday markets are weak. Powell keeps on the attack against ordinary investors and the public: "These steady increases will almost certainly mean higher unemployment and weaker economic growth until inflation is fully tamed, Powell emphasized."