Mom of 2
2023-02-16

$Nasdaq100 Bull 3X ETF(TQQQ)$ 

Big central banks this week raised interest rates to their highest levels since the global financial crisis, yet investors rushed into equities and bonds after officials hinted that the current cycle of monetary tightening may be nearing its end. Investors were buoyed after Fed chair Jay Powell said the "disinflationary process" in the US economy was under way.

However, history has shown that softening stance from Fed may lead to higher inflation. The central bank was now aggressively increasing interest rates to bring inflation back to around 2 percent, its long-established target. If the Fed failed to get inflation lower, it would damage its credibility and sow doubts about its ability to guide the economy. I think we would continue to see more aggressive interest hikes soon!

@Daily_Discussion  @TigerStars  @CaptainTiger        

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Comments

  • bubblyx
    2023-02-17
    bubblyx
    This etf plus all the other 3 x lev etfs have wiped out a generation of high risk boomer investors this last couple of years .
  • wigglyz
    2023-02-17
    wigglyz
    Hopefully next year will be much prosperous for us TQQQ share holders
  • pixiezz
    2023-02-17
    pixiezz
    Waiting for prices to stabilize and then jumping into sqqq hopefully at 33.90
  • Jerry79
    2023-02-17
    Jerry79
    Cool
  • ChewyBear
    2023-02-17
    ChewyBear
    ok
  • ohsay
    2023-02-17
    ohsay
    oo
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