LIVE! Fed. PAUSES, NO HIKE!. Expect The Middle-Class WIPEOUT To Accelerate From Here. Mannarino
From Greg M
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Market acting like a FED “skip” is a permanent pause, followed by a pivot. The words he used were still hawkish but he’s ultimately playing the “wait and see game”. Market is right, but has no idea what is coming. This is the transitionary period. The FED may be saying more rate hikes are needed but signaling the market with a “skip”. This means the next phase is an event occurring that will allow them to become more dovish…which will result from extreme volatility in the market. Followed by this upcoming dovish FED after "said event", an even larger event followed by more volatility will arrive, forcing them to pivot. The FED is setting the stage to flip the narrative, but must require negative or volatile impacts in the financial markets to do so. These stages will allow them to act and perform the same way as 2020. In my OPINION, this is what they are doing.
It's basically what mannarini has been saying, except that in order for this to work, there needs to be crisis's that will negatively impact the market. Everyone else can be bullish right now if they want, but i'm taking the opposite side of the trade and waiting, because i think something big is right around the corner, followed by another massive crisis. The market will sell from fear and beg the FED to pause/pivot...when the FED already has the pieces in place to do so.
I agree with you Greg, to the members I say, buy gold & silver or Cryto if that's your thing, sit back and watch the circus show unfold!