4 Trillion dollar corrective responseSubmitted by Theorysquatch t3_11z2nag in wallstreetbets
HulksInvinciblePants t1_jdcu4i6 wrote
Reply to comment by Prestigious_Chard_90 in 4 Trillion dollar corrective response by Theorysquatch
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”.
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.
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