This is likely the bottom. The market sell down previously due to fear of 75 BP interest rate hike . Now JP has confirmed this is not the case

Fed Chairman Jerome Powell underlined the commitment to bringing inflation down but indicated that raising rates by 75 basis points at a time “is not something the committee is actively considering.”

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  • Kok
    ·2022-05-05
    I beg to differ. I think there are still legs to good down. But I certainly hope not.
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  • EggWhite
    ·2022-05-05
    75 BP at a time seems too much [Spurting] [Spurting] [Spurting]
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  • MGHuat
    ·2022-05-05
    Hope it will go well!
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  • HarryCox
    ·2022-05-05
    we all hope so!
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  • JohnnyYoung
    ·2022-05-05
    well its a short time pressure I'd say
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  • Mm101
    ·2022-05-05
    D
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  • PatrickY
    ·2022-05-05

    Awesome

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  • schatzy
    ·2022-05-05
    [Thinking]
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