/biz/ - Business & Finance

also repost of this to remind the anons... its not to0 late to adjust position (its never too late)

>>14191417

That could have turned into a complete rout if the Fed didn't pivot.

I remember being on /biz/ in late December and January with all the doom and gloom headlines, only when Powell backed off the rate increases did the market respond really favorably.

We've been riding on the fumes of a possible trade deal since then. The May/early June correction was off the back of negativity on Mexico/China. And then Powell was "ready to act" and Trump did a chickenshit deal with Mexico at the behest of his son-in-law.

No doubt the Fed still has tricks in it's bag, but they only have a small amount of percentage points to cut before they are back to zero and then they'll have to do QE9000.

See pic related.