03 May '23 at 12:08 pm #57862
Keymaster
FOMC = 25BPS increase to 5.25^ fed rate … stocks are relatively flat so far
as every word & punctuation mark is analyzed by WALL STREET analysts
Bad for MAIN STREET but good for BANKSTERS & K-street in days ahead
Meanwhile, they are trying to READ the FED’s mind on what they will do in future
So far it seems to be a HOLD on future increases for a while