Theres no recession coming imo
They were saying the recession was going to be this year & never came
He has been cutting rates all these years & there was no recession.
The economy is too strong & Hot & that's why he wants to try to raise 1 or 2 times more early next year but I highly doubt he will.
The news is just scaring the daylights out of people and it's a way for the FED to purposely slow down the hot economy and job growth for a soft landing next year ..... the problem is the data they are getting is always lagging behind
The other problem is the FED is always wrong ..... before March last year he was saying No No No theres no sign of inflationwhen everyone could clearly see the inflation ...... then Oh theres Big Inflation and starts raising interest rates like crazy 11 times so far ....... he had over 15 years to slowly raise interest rates but no he wanted to keep rates low & this is why the markets have been super volatile since Mach last year.
Also the US Markets cannot be too Bullish otherwise the FED will continue to Raise Rates & thats why we are going to see more RED days in coming months
FOMC tomorrow ..... Get ready for more same old B........
GLTA
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