The FED is trapped and it knows it. The waffle BS narrative is now being truly assessed by the Market and I believe the Market is finally waking up to this BS narrative. They cannot increase interest rates as that will bring huge defaults across the investment, business and private sectors. Inflation is getting out of control so they have to 'pair back' the bond purchasing to 'inform the Market' that the FED is still in control.
I call a big BS!
The Markets are all heading lower in the coming months IMHO
The FED is trapped and it knows it. The waffle BS narrative is...
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Last
7,780.2 |
Change
97.800(1.27%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,682.4 | 7,780.9 | 7,682.4 |
| XJO (ASX) Chart |