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Mission Accomplished? Fed “Prevents A Hawkish Misinterpretation”
With the Fed having pulled off what looks like a Goldilocks hike, crushing Treasury shorts and anyone who decided to trade off Goldman's Tuesday evening equity warning, we'll now turn to Wall Street for the post-mortem.
Up first is the above-mentioned Goldman, whose cautious call on stocks may prove correct over time - but probably not today.
Via Goldman
BOTTOM LINE: The FOMC raised the funds rate target range, as widely expected. The post-meeting statement made only minor changes to the
Guess the Dutch elections are the only remaining hope for my short position this week. SMH. Something’s gotta give…aka…God please let something give….aka…my wife is going to kill me if something doesn’t give.
I normally set up my large positions to last for a very long time to come to fruition, that’s life with macro economic trends. Patience is key and most players do not have enough. Dr, Burry below.”We have no confidence in your ability to identify macro economic trends”, but in the we all were right.