A neutral Market waiting for FOMC on June 15,2022
What will be out on June 15, 2022:
1- The United States Fed Interest Rate Decision, 1 yr, 2yr, and longer projection
2- The United States FOMC Economic Projections, longterm
3- United States Fed Press Conference, (Jerome Powell Effect)
What is the Jerome Powell's Effect?
In a Nutshell: High Volatility
For further information read the post below:
Action plan:
1- Wait for a clear breakout from the consolidation zone!
2- Update the stop loss for long position to entry or above it.
FOMC Forecast:
1- Blaming War in Ukraine and COVID for high inflation.
2- Further rate hikes until Neutrality.
3- Although the GDP forecast will be lower, They will say the Economy is strong, and no risk of recession, or it will be shallow.
Best,
Dr. Moshkelgosha M.D
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
1- The United States Fed Interest Rate Decision, 1 yr, 2yr, and longer projection
2- The United States FOMC Economic Projections, longterm
3- United States Fed Press Conference, (Jerome Powell Effect)
What is the Jerome Powell's Effect?
In a Nutshell: High Volatility
For further information read the post below:
Action plan:
1- Wait for a clear breakout from the consolidation zone!
2- Update the stop loss for long position to entry or above it.
FOMC Forecast:
1- Blaming War in Ukraine and COVID for high inflation.
2- Further rate hikes until Neutrality.
3- Although the GDP forecast will be lower, They will say the Economy is strong, and no risk of recession, or it will be shallow.
Best,
Dr. Moshkelgosha M.D
DISCLAIMER
I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.
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