You Got To Know When To Hold 'Em
The Fed is the ultimate gambler, especially when it's "house money." All of last year we were told that inflation was "transitory" and the Fed was late to address the rise in consumer prices.
The Fed is the ultimate gambler, especially when it's "house money." All of last year we were told that inflation was "transitory" and the Fed was late to address the rise in consumer prices.
Markets are up and down this week as investors try to determine what's next for the economy with multiple pressures playing a game of tug-of-war.
Too much money poured into the system during & post-COVID and a Fed that didn't take action last year as inflation got out of control - that's pretty much how we arrived in the current situation.
This week has been concerned with how much the Fed would raise interest rates - this week and into the future.
Just when you thought meme stocks were done, we witnessed retail investors get caught up again in the frenzy this week.