$SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$ BTC.X$iShares Silver Trust(SLV)$ $Direxion Daily Semiconductors Bull 3x Shares(SOXL)$ My take on Waller today:
His voice sounded a bit nervous, but he seemed very sharp and calmer than Powell. I like him so far.
He wants the Fed to deliver on its promises and prefers not to provide unnecessary future guidance.
He pointed out that outdated survey methods from decades ago are used to produce important economic reports, which is too lagging. He wants to modernize this using AI to get more real-time data. There are several task forces to improve the Fed's policy and process.
Overall, it seemed like a neutral speech, but I think the market was pre-programmed to sell during his speech to set up for Quad Witching day tomorrow.
That means, back to discount shopping time for me.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
