Replies to post #3197 on T/A ETF AND INDEX

[shortterm]

Talkiing heads

Yep, it's funny how they are focused on the interest rate expectations and explain everything as the feds are done as if that is good for the equity markets when actually opposite is true: a) it makes bonds safe bet if the feds are actually done b) if they are done, the economy is slowing which is not good for equities either: 8 of last 10 times the feds stopped increasing the rates the markets fell by at least 10% within next 6 months.

After last meeting the fed futures priced 20% change of another rate rise. This alarmed feds so that they came and "clarified" the statement which brought the probability back up to 50%.

Also, some fed is talking today exactly on economy and the interest rates. Haven't seen any reporting of that speech. It took place 9am Eastern time.