brewer12345
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Mar 6, 2003
- Messages
- 18,085
Since I have moved on to the single malt after a grueling 2 hour commute, I will make a prediction. Tomorrow the Fed will bump rates 25BP (duh). However, they will make a statement that indicates that more rate increases are in the offing, rather than a pause. The market has NOT priced this in, so it will be painful, especially for rate-sensitive sectors. I think the spike in gold, other commodities, TIPS spreads and the plunge in the dollar is enough to couteract "Helicopter Ben's" tendency toward dovishness.
I will be buying January QQQQ puts tomorrow morning. A tip of the hat/glass to Ha.
I will be buying January QQQQ puts tomorrow morning. A tip of the hat/glass to Ha.