Cycle Trading

[farooq]

Inflation is not easy money related it is supply related, Fed Chair has admitted it in his testimony in front of Senate hearing.
Supply will come back after March, so is inflation will start declining.
Rate hike could bring economy to slow down and that is the reason market is dropping.
Tomorrow Fed meeting is non event will be an excuse to run it after dropping it to Yesterday level or more.
Rate hike give tools to Fed so they could decrease rate again in 2023-2024. If they really wanted to curtail than they should have stopped QE, It shows they know it is not the culprit. Pundits don't want to say real danger is bringing recession.
This increase will put last nail in Democratic party rule. Biden should open USA for business otherwise he is losing both houses.
Omicron is non issue for vaccinated, people who dying are 92% are non vaccinated and mostly dying because of Delta virus. It is unfortunate but if SC is in favor than he should let it go like UK.
Just my 2 Cents.