I came in to eat lunch and tuned in to CNBC where 6 market strategists joined Steve Liesman to discuss the Fed,inflation, and the markets. Amazing how together in thought and certain all are that inflation is hot but will wane by September and the markets have priced it all in. The “buy energy and financials” chant ruled the session.
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I should thank my energy and financial stocks for keeping my portfolio together, especially after the implosion of high growth tech.
Thank you: XOM, XLE, XOP, APA, CVX, BAC, C, WFC
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Intermeeting hike coming on Monday?
https://www.federalreserve.gov/aboutthefed/boardmeetings/202…
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