If you’re paying attention, you would have recalled this chart I shared with you a month ago on October 3rd.

The Federal Reserve steers the market, whether we like it or not.

Here’s where we are today:

Technical analysis and fundamentals all point to the same conclusion.

Here are some key takeaways from today’s FOMC Meeting:

  • “The window for a soft landing has narrowed.”
  • “It’s premature to discuss about rate pausing.”
  • There will be no pivot for the foreseeable future.
  • Powell’s goal remains to bring down inflation to 2%.
    • We’re still sitting at 8%.
The Rebel Economist
Author: The Rebel Economist

Civil Engineer // Aviator // Photographer // Avid Coffee Enthusiast // Your investment strategies could differ from mine based on your risk tolerances, research, and time horizon, so I encourage you to do your own research as information provided by The Rebel Economist or Breaking Metrics should never be considered financial advice.

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