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Thread: Fed hikes rate, lowers 2019 projection to 2 increases

  1. #1

    Default Fed hikes rate, lowers 2019 projection to 2 increases

    Fed hikes rate, lowers 2019 projection to 2 increases

    -The Fed take the target range for its benchmark funds rate to 2.25 percent to 2.5 percent.

    -Central bank officials now forecast two hikes next year, down from three rate raises previously projected.

    -However, the Fed continues to include in its statement that further "gradual" rate hikes would be appropriate.

    -GDP is now seen as rising 3 percent for the full year of 2018, down one-tenth of a percentage point from September, and 2.3 percent for 2019, a 0.2 percent point reduction.
    https://www.cnbc.com/2018/12/19/fed-...er-point-.html
    Tom
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    I am not a Registered Investment Advisor. Do your own due diligence.


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  3. #2

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    Default Re: Fed hikes rate, lowers 2019 projection to 2 increases

    They fought the FED and the FED WON!
    10/19/2020
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    =$40.83 a Barrel, Daily Status -$.05

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  5. #3

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    Default Re: Fed hikes rate, lowers 2019 projection to 2 increases

    The Fed runs the show
    I trade based on volume + price action. Price action alone only tells half the story.

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  7. #4

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    Default Fed hikes rate, lowers 2019 projection to 2 increases

    Stocks tanking in response. S&P 500 now down -1. 71% on the news of the hike and change in outlook.

    Hmmmm. December continues its ugly roll downhill!




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  9. #5

    Default Re: Fed hikes rate, lowers 2019 projection to 2 increases

    We got what was expected out of the Fed meeting today and the market reacts very negatively, even though most experts 66-75% were saying a rate hike was coming, I thought that was already baked into the monthly returns lol

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  11. #6

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    Default Re: Fed hikes rate, lowers 2019 projection to 2 increases

    this isn't a falling knife it's a damn sword lol. TLT is looking parabolic

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  13. #7

    Default Re: Fed hikes rate, lowers 2019 projection to 2 increases

    The rate hike wasn't a surprise to most, but folks were expecting a little more of a dovish attitude going forward but it sounds like they are pretty determined to hike twice more in 2019.

    There's 50 minutes left for the capitulation to finish and reversal to start.
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor. Do your own due diligence.

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  15. #8

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    Default Re: Fed hikes rate, lowers 2019 projection to 2 increases

    Quote Originally Posted by tsptalk View Post
    The rate hike wasn't a surprise to most, but folks were expecting a little more of a dovish attitude going forward but it sounds like they are pretty determined to hike twice more in 2019.
    The Federal Reserve had to show Donald who runs the show. It's basic math, money rules the world and the Fed is the biggest bank in the world.
    I trade based on volume + price action. Price action alone only tells half the story.

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  17. #9

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    Default Re: Fed hikes rate, lowers 2019 projection to 2 increases

    Now down over -2% , around 2490 level and holding.

    That was a quick drop !


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