I think Powell may be outnumbered on when it comes to another rate cut. I got much less aggressive recently, though. Short(ish) time to retirement.Pays very well...
So, what is the market going to do over next seven hours? I'm positioned too aggressively.
J-Pow seems to be on a personal mission to crash me out before he heads off to retirement.
I'm thinking QQQ down 2% today.
AmIrIgHt?
Hope you are right.I think Powell may be outnumbered on when it comes to another rate cut. I got much less aggressive recently, though. Short(ish) time to retirement.
It's all relative to other currencies. The DXY is up 36% since 2008 while deficits have exploded.I'm up about 1% on the day. It's about what was expected, so a lot already baked in. Probably give it all back sometime this week or next. Sure would help the $ if we would get ahold of deficit spending.
