Follow the smart money. Nice inverted head and shoulder! What will it mean for stocks you think?
Disclaimer: The above is not an investment advice. It is merely an opinion and I share it for your entertainment only. Do your own due diligence and above all, trade safely and stay safe!
Not
Jay Powell's quote: " we will seek to achieve inflation that averages 2 percent over time. Therefore, following periods when inflation has been running below 2 percent, appropriate monetary policy will likely aim to achieve inflation moderately above 2 percent for some time."
The reality is inflation is going nowhere and they have not been able to raise it significantly and sustainably above 2.0% since late 2014. It now sits around 1.8%
The bond market sees through this (TLT up 0.96% while, except for the NASDAQ, all stock indices are down today.
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