I call bullshit on Powells statement that the interest rate is now neutral. Also the recession element. This coming fall we get gdp numbers and inflation numbers and I believe gdp will show a further decline and the inflation not decreasing YoY (since this takes time).
The Fed will have to raise at least 0.5 percent again.
How will the Nasdaq or Spy react? The latest bullrun does not seem logical.
Good time to short the nasdaq?
What are your guys ideas around these thoughts?
Submitted August 05, 2022 at 12:42PM by Sjanten10
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