Well that certainly was a breath of fresh air.
In case you don’t spend your time pouring over “Fed Statements” or inturpurting these types of things ( lucky you )…let me simplify.
The Fed’s general angle was hawkish….ie……the suggestion that a time to “reduce the balance sheet” is now upon us suggesting that a current holder of 4 TRILLION DOLLARS WORTH OF U:S ASSETS ( The U.S Fed – a privately held bank currently paying out 6% dividends to it’s shareholders ) will soon become a “net seller” as opposed to the last 6 years functioning as a “net buyer” of U.S garbage.
You didn’t get that? CNBC didn’t take a little silver spoon and put it up to your mouth?
Ignore the short term reaction…..ignore Jackson Hole and the “next line of commentary”….
I’ve heard all I need to hear.
Bravo Janet! Bravo!
Exactly how does a Gorilla trade?
Kong.. UJ about to break 104 soon, are you short equities as well? Gary looks to be on the winning side of this battle…
Upside targets reached…but no new trades initiated as of yet ( you’d know this of course….if you where a member )
I will be short equities very soon yes.
I wish everyone the very best of luck with their trading…..
From a psychological perspective…perhaps “you” are involved in some battle no?
Perhaps the coming rains there in Vancouver area already on your mind?