Cheers Mate. As expected Powell held the line - which I think...

Cheers Mate. As expected Powell held the line - which I think will be good for the markets in long run.

Every time there is an important FOMC meeting - the wall street starts to throw tantrums and the crying baby gets the milk.

Most(If not all) valuation models have the expected interest rate rises factored into them - So FOMC staying course should not be a surprise. I am now increasingly positive that Fed has done the right thing and volatility will subside in days to come.

Ukraine may still be a reason for ups and downs but as I said my view is that this will all settle down with time. What will not settle down with time is climate change and energy transition.