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gdl

Followers 89
Posts 7594
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Alias Born 12/18/2012

gdl

Re: None

Thursday, 12/15/2022 9:08:13 AM

Thursday, December 15, 2022 9:08:13 AM

Post# of 35098
schizophrenic market. Stock market finally believe the FED after many months while the bond market is calling them liars. So which is it? Can't be both. Maybe they both do see the same thing. Forced Feds hand with rate hikes knowing it would collapse the economy. Sounds about right. But timing is peculiar. Bond market seeing an immediate response at such puny levels?

I am still at a loss why the market refused to listen over the many rate hikes and almost word for word pronouncement that inflation was more persistent than they anticipated.

A drop below 3900 and we go fast to 3800. But in a holiday environment we are so close to Christmas the lows have to be met either this Friday or Monday at the latest.

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