The Fed won't pivot until they break something other than the stock & housing market. Better than expected GDP results confirms they are still within the "safe landing" zone and will continue to raise rates till March. Expect the first pause in Q2 2023, but that means double digit P/E results for big tech companies is still considered too high. Regardless of what AAPL and AMZN report today we should see the retest the previous lows.
Did they change the definition of rising this time? If it's between 0 and any number ever, it's rising! Bidens economy is great! GTFO here with that bullshit. If that's the case why am I still paying out my ass for basics in CA?
Shakedaddy4x t1_itzvqgz wrote
More reason for the Fed to keep on raisin' rates. Don't fight the Fed. Puts are the only way.