To The Moon

$S&P 500(.SPX)$ $Apple(AAPL)$ $Alphabet(GOOG)$ $Microsoft(MSFT)$ 

The Federal Reserve will probably have to impose many more restrictions on the economy in order to keep inflation under control.

 President Jerome Powell and governors are expected to approve at least another 75 basis point interest rate hike.

Some studies would even go so far as to give 100 basis points...

 Growth would already slow in response to repeated Fed rate hikes.

But with inflation lingering at its highest level in four decades, a growing number of analysts say it would take a recession – as well as significantly higher unemployment – ​​to significantly ease price pressures.

 According to Robert Holzmann, the European Central Bank may also have to accept a moderate recession to stem price pressures if it sees signals that inflation expectations are rising.

Ok for the macro, but what about the S&P500 market...

Busy week with behemoth earnings releases as well as the FOMC.

We are now in a neutral gamma exposure range environment.

The 4,000 point area would remain the key zone with 4,100 at first resistance and 3,900 at retreat.

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