What's Going On?

sunshineboy
2023-11-13

$S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ $NASDAQ(.IXIC)$ $E-mini Nasdaq 100 - main 2312(NQmain)$

Even crazier is the market going up in anticipation of a rate cut . Of the fed cuts it would be for negative reasons . If they cut now , it would usher inflation right back in . Stimulus of any kind would send inflation to the moon . 3.7

Percent on top of the 30 Covid spike is locked in already . The fed should be at a funds rate of 7.5 at least right now to take inflation but, that would crash the bond and stock market and US Government debt would cripple us in interest payments alone . The fed has to stay here . No where to go and .25 won’t do squat . Markets refuse to see how messed up we really are in this country and the world .

Market Summary > Nasdaq Composite INDEXNASDAQ: .IXIC 2,090,472.13 +39.71  (0.43%) May 22, PM EDT DisclaimerMarket Summary > Nasdaq Composite INDEXNASDAQ: .IXIC 2,090,472.13 +39.71 (0.43%) May 22, PM EDT Disclaimer

Macro Trend
Monetary policy, various types of price indices... Here is everything about the macro economy!
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