💥BREAKING NEWS💥
🇺🇸 Hammock, chairman of the Federal Reserve, just crushed all hopes of a rate cut in September:
"There are no reasons to lower rates at this time."
Tariffs? They are starting to take a toll. A great suffering looms next year.
Inflation? It remains too high and is becoming persistent.
Theory that tariffs only affect once? It could be a fairy tale.
Unemployment is stable = no major recession is observed.
Translation: The markets wanted ice cream, Hammock gave them broccoli.
Bulls hate it, bears love it. How’s my portfolio? I’m just confused.
