https://www.federalreserve.gov/newsevents/speech/powell20220…
Need to get inflation down … expect some pain …
Reasonable time to get defensive, I can’t see much of a rally naxt week and then we are into the usual post-labor day market trashing …
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Hello Mr Plunger
I heard Powell’s short speech and reached the same conclusion you did. IMO we’re in for a bloodbath as sell the news changes the mood of Mr Market from believing in a Powell pivot to the realization of ‘Oh crap! He’s definitely serious!’
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