"The Fed's interest rate hikes will be smaller, but when they will be will come to an end is not yet clearly defined."
............................................................................................................... To TheOldGuy from Germany from an OldGuy in Australia. lol . Everything depends on the FED getting it right with the Interest rates They fu#k up then we're all in the shit and Akgo's call of a lower S/P around/down to 10 would be possible in a full blown Bear Market. imo
Its a walk on the tight rope atm
The FED controlling inflation is the key obviously.
I remember when Greenspan was in the FED chair and the devil of a time he had with Interest rates and the despair to all who were invested in the Markets at the time.
We, in this day and age should not have the severity he presented us with..................surely.
Lets hope Powell gets it right. He'll be either a rooster or a feather duster in the next 6 months.! imo
Has he kicked off right? If he has to go 75 basis points or higher in one hit later, through getting it wrong now, then we're cooked imo
We wait for the next 3 months and what they bring. imo
Md
AKE Price at posting:
$14.41 Sentiment: None Disclosure: Held