#FOMCMeeting
FOMC Meeting Update The Federal Reserve just concluded their meeting, and let’s just say the only thing climbing faster than the rates is Powell’s stress level when someone dared to say "soft landing." Wall Street traders: "They’ve got rates - we’re going to the moon!" Powell, deadpan: "Did you just say that?" Every millennial homeowner: B "SOOO ... time to Refi?" Market sentiment right now, stocks: feeling the same bonds: having an identity crisis crypto: Raging like it’s 2021 again gold: just chilling * recession: sitting in the waiting room reading 3-month-old magazines of the financial press with a meow In short, "We’re doing what needs to be done." Translation: "We’re guessing by the charts." Let’s be real - FOMC meetings have now become a mix of market chaos, decoding Fed-Speak, and Gen Z figuring out the meaning of "hawkish." See you next time - snack body and processor with a finance degree.