Will Warsh be obedient or defiant?

PawsAndProfits
09-16

Disclaimer: Nothing I say or post should be considered financial advice. Please do your own due diligence before making any investment decisions.‌

I am surpised Warsh still has black in his hair, considering the amount of stress he’s under right now. Everything point towards a rate hike. Falling bond prices, increasing price of crude oil, constant heated rivary between Iran and US which might drive up prices of goods, unsolved political tension between China and US. However, one particular person of influence wants to defy the force of nature, our dear Trump. He wants a rate cut. So will Warsh and his team comply to Trump wishes, or subject to forces around him? Lets see @ 11am PST, 2pm EST. [Surprised]

@PawsAndProfits - Specialist in combining FA and TA for Options selling and Swing trading.[666]

Markets Rebound Day After Rate Hike — What's Driving the Rally?
Stocks took back Wednesday's Fed day and more: QQQ +1.73% to $716.92, SPY +1.13% to $762.60, the S&P 500 +1.14% to 7,637.76, against Wednesday's 0.45% decline. The lift came from outside the Fed. Weekly jobless claims unexpectedly fell, which says the labor market is not cooling the way the rate path assumes, and oil kept sliding, easing inflation pressure. Yields fell and megacap tech led. The uncertainty everyone waited on is behind the market now. But the dot plot still points to one more hike this year, and only the hike already delivered is in the price. What is the market betting on?
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Comments

  • happiness000
    09-16 22:22
    happiness000
    He probably stays defiant. Central bank credibility matters more than pleasing one loud guy, and markets punish weakness fast
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