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ParlayTheHard8 t1_jdbr04v wrote

Reply to comment by Spam_in_a_can_06 in 4 Trillion dollar corrective response by Theorysquatch

He certainly knew his calls were fucked

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Prestigious_Chard_90 t1_jdbsvai wrote

With the smug look on his face in the left photo, he was probably thinking "aww yea, JPOW gonna help my calls rip when he answers this", only for the opposite to happen.

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HulksInvinciblePants t1_jdcu4i6 wrote

Anyone paying attention to recent Fed speak, which I’m sure includes this guy, knew what the answer would be.

The Fed has every reason to sow doubt on the timing of rate decreases and keep markets subdued. What was he going to say? “Yes, we’ve peaked so let’s price everything like risk free returns are about plummet”.

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SisterStiffer t1_jdd1xg5 wrote

No, the surprise in what jpow said was that the feds model💃💃 suggests no more rate increases(assuming all stays the same) but the market has a .25 increase priced in for may. So the market had to adjust for no more rate hikes instead of +.25.

The big fish were just shuffling money around, its good-ish news so only up from here. We'll beat february's highs shortly. img

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