The Fed Is Always Behind the Curve. Why This Time Is No Different

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The Fed Is Always Behind the Curve. Why This Time Is No Different Those of you who’ve been watching for a while know that I like to say the first move after the Federal Open Market Committee’s latest meeting is usually the wrong one… And the latest Fed rate hike was a doozy… The U.S. central bank announced a 0.75% benchmark interest rate hike to a range of 1.5% to 1.75%, its biggest hike since the Clinton administration way back in 1994.  Fed Chair Jerome Powell admitted the move was unusual and said he didn’t expect hikes this big to be common moving forward. He also said he expects the Fed to raise rates again in July, either 50 or 75 basis points, and stocks rallied hard on the news — the wrong move! There was no shortage of talking heads on CNBC claiming that the worst was over and a bottom was in… Then the bottom fell out Thursday morning. A lot of people are looking at the 3,600 level on the S&P 500 as a place to get long….  But the truth is we are under a new market regime. We’re in a devastatingly bad downtrend and a bear market. There’s no sugarcoating it. We are in a bear market even by the most technical definitions.    But There’s Something Else I’m More Concerned About Jeff Z Jeff Zananiri spent over two decades on Wall Street learning how the best made consistent money in the market.  Mark This Date Down! Pull out your phone right now and mark down this date…  Sept. 1, 2022.  This could be the start of something MASSIVE.  Many people could get wrecked — losing thousands or even hundreds of thousands of dollars... But I believe that a handful of smart investors could stand to mint fortunes on this $1.5-trillion event.   Here’s How I’m Preparing! Watch Bond Investors for the Next Clues on Inflation June 13, 2022 If you didn’t catch last week’s Consumer Price Index data… I thought it would be bad but I did not see that coming…   Continue Reading How to Play the Fed and Wednesday’s Interest Rate News June 14, 2022   Boy oh boy, the Federal Reserve has painted itself into a corner with the mess it’s made of handling inflation, which hasn’t been so “transitory” after all…    Continue Reading Joy of the Trade A WealthPress Publication   ABOUT US:  We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. WealthPress provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Wealthpress LLC are for your informational purposes only. Neither Wealthpress nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Wealthpress is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions.  Please visit wealthpress.com/terms for our full Terms and Conditions. Manage Your Email Preferences Unsubscribe This email was sent by: WealthPress 1749 NE Miami Ct #507 Miami, FL, 33132, US Joy of the Trade Update Profile

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