I'm here for one reason and one reason alone. I'm here to guess what the music might do a week, a month, a year from now. That's it. Nothing more. And standing here tonight, I'm afraid that I don't hear - a - thing. Just... silence.....
@LevelsDennis@0xCryptoGenius@LomahCrypto Fed cant pivot at these inflation levels,period.Will ruin all credibility. So, they either fudge the numbers (change the way its calculated which they love to) or it simply goes down due to no consume spend (non essentials).IMO within 6-8 months a pivot if new factors dont arise
@0xCryptoGenius@LevelsDennis@LomahCrypto Look at fall 18 nas and S&P charts. Powell did 4 rate hikes in 18. Markets n trump freaked. Powell started to pivot in Jan 19',no more hikes. By July 19' they cut rates. Inflation fears spurred 18' hikes. Inflation never came. IMO this is why Powell was slow to hike this time.
Oh no! 😱
The donut factory is going to blow up
Quick!! Save the donut factory!!
Quick!! We need a 250 RTs!!
Quick!! There's only three hours....
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Save the 🍩 donut factory....