/biz/ - Business & Finance

...and let me tell you how bears work, bulls. Notice how it seems the entirety of the US stock exchange (the world's securities trading at large) and now Bitcoin (cryptocurrency trading at large) have become dependent on CPI/PPI/rate hikes?

Now the entirety of traders in both markets are all refreshing the page to see what they should do. Powell will likely raise rates by 0.5%, markets will rejoice! The dip is over. Only up from here!

Well let me clue you in to a little trick us bears do with mentalities like that: take advantage of it. The moment Powell eases the increase, markets will pump. Will be a great selling opportunity. You see, rate hike deceleration is incredibly bearish. The goal of the Fed is to not break something and simultaneously fix it which is a very thin line. Lessening rate hikes means it's very possible the Fed may have pushed too far. This is the equivalent of the referee butting in and separating the fighters as a KO might have already been achieved.

Proceed with caution bulls, because it's very likely this time next week you're going to be asking yourself aloud, "But, why the fuck is it going down now? I thought.. what the fuck? Fucking bears. Just let it go up!"