/biz/ - Business & Finance

>>52715468
yeah that is true, employment is still an issue with jpow, although his tone has become more dovish from what i gather.
looking at the dot plot we appear to be very near the target range for 2023 with not much more increase ahead.
this market is way too resilient, labor hasnt been responding to jpow. inflation is going to be a problem going into next year i think. honestly i dont think the fed went hard enough even though my folio is kill

if this chart is accurate then is really does appear that the rates are close to target levels. it would need to be increased again to reach next years target though.

i cant really see a resumption of the bear market unless we get some bad econ data and poor earnings reports coming up. am i wrong?