still thinking global indices will form a medium term bear trend, but I think tonight Powell will be much more dovish than expected.
The rising risks of the Ukraine Russia situation escalating will make it difficult for the Fed to be overly hawkish, as, if they deduce the threat may possibly eventuate, the money printing must go on and potentially even increase.
The risk of the Fed tightening now, may end up having the Fed to reverse course again in March or earlier, depending on how heavily the US and Nato allies intervene.
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