I think that so many people, as we know, have no idea what the fed does. They just hear people say "the fed needs to fix it" so they hop on board. Rinse and repeat and then they are trying to force the hand of the fed. Is that a problem-reaction-solution scenario unfolding? Likely I think so, albeit maybe not in the manner they had planned but it's still unfolding.
This market is going to certainly be something, I wonder what it will look like on the other end is all I'm wondering. We are usually worse off after these things.
agree and they have too much power in this finance section
It is going to be very interesting to watch how markets react. There are sectors, such as retail, already being hit. Is that enough to drive the market down?
My guess is that, much like 2018, the Fed reverses course very quickly. They will get their June rate hike in but I would call August a coin toss.
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