Submitted by beansbeansbeans_69 t3_z910ty in wallstreetbets
nailattack t1_iyeefkv wrote
90% of this sub was bearish what did you guys think was going to happen? But honestly even as a bull i couldn’t believe the shit Jpow was saying. It’s almost like he did a 180 for shits and giggles
Invest0rnoob1 t1_iyeokhv wrote
I sold my put and bought a call.
Mobile_Initiative490 t1_iyeh9po wrote
Man it sounded bearish to me besides him saying they might not do a .75 at next meeting, what else did I miss
Invest0rnoob1 t1_iyeonoo wrote
Literally the most doveish I’ve heard him all year.
Hacking_the_Gibson t1_iyerkrv wrote
Bingo.
Either he saw the PCE data early and is feeling especially happy about his approach, or he is going to get nuked tomorrow. I would lean towards the former.
nailattack t1_iyek8ip wrote
Worth noting I did tune in about 10 minutes late, but I heard him repeating that they don’t want to make the mistake of over-tightening. He also said he feels like a soft landing is possible, and that they need to slow the rate tightening. Overall I thought his tone was very different from the last time he spoke.
But maybe I missed something. What did he say that you perceived as bearish?
[deleted] t1_iyem7y0 wrote
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