Lions and friends…
In my morning MarketReport, we discussed how “do not be surprised if they float out a Fed. President to talk up the market and mention rate cuts now that this new war has started.”
WELL IT HAPPENNED!
The floated out this creature.
Fed. President Bostic.
He said QUOTE: “We don't need to increase rates any more.”
He specifically said “Impact of war in Israel on the economy is uncertainty."
On the back of this, the DJIA is now higher by triple digits.
Can I see your SHOCKED FACE please!
GM
🤡 shocked face
GM's prediction accuracy is like no other's !!