drandy
2022-12-11

$Amazon.com(AMZN)$ Bearish with no respite in sight as the economic indicators continue to confound the Fed and what they had been hoping for with the interest rates hike.

Experts are talking about deflation rather than inflation, and if they are right, Powell should really rethink and review the Fed's macroeconomic strategies. Remember when he said inflation was transitory? Hope he's not making another mistake in judgement and crashing the market unnecessarily.

Regardless, retail investors are at the mercy of all these decision makers and we can only try to cushion the impact of their decisions on our stock portfolio. It's going to get real ugly out there real soon. Brace for impact, folks 😩

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