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Powell said inflation stayed high, so prices will keep going up, company earnings / revenues and stock prices too he added ‘The economy is performing well’ in t
by stockstobuynow 3y ago
Powell said inflation stayed high, so prices will keep going up, company earnings / revenues and stock prices too he added ‘The economy is performing well’ in the news conference after the FOMC announcement.
Meanwhile Pelosi is buying all Al stocks she can think of...
If anything happens FED will cut rates & further stimulus the economy to reach new heights through monetary policy.
If not, he will keep triggering expectations to insure companies debt to equity ratio stays low.
He said he expects US inflation to keep cooling in coming months, expectations that already turned into SP500 all time high, again...
Plus 2024 is election year, this is only the beginning of a strong market rally, this year will stay in history.