@cubewealth: PART 2 … Please read: - I think we are getting a hike today of 25bps - No I don’t think its needed but Warsh needs to save face after talking such a big game. I believe he and the Fed members tried to give Trump as much time as possible to resolve Iran but can no longer sit on their hands - I believe not hiking would actually be worse for the market. The market hates uncertainty and not hiking would also worry the market about Fed independence and overall competence. Let’s swallow this pill and move onI don’t believe we are getting back to back to back hikes over the remainder of the year the way several banks do - More important than hiking is going to be the Fed dot plot. Let’s see if the Fed is still guiding for 1 hike this year, 1 cut in 2027, and 1 cut in 2028. This alongside economic projections and the rhetoric are far more important than the hike itself which is largely expected - I’ve actually started to buy some dips after several weeks of very little activity in the market. Join CUBE to see what those names are and how I am positioned!
