14 Jun '22 at 11:20 am #38680
Keymaster
While the FED is a “day late & dollar short” on timely interest rate increases
The market traders/investors are pondering 50, 75, or even 100 BPS
Retail sales data tomorrow will be important — as record GAS prices are also slowing hot economy
I can only see 50 BPS — as we may already be in RECESSION — based on next quarters GDP
Markets & “Kryptos” are mostly flat holding yesterday’s levels
The 2020 decade has been s difficult time – but some good things have been mixed in as well 🙂