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Trade Findings and Adjustments 06-08-23
Keve Bybee – keve@hurleyinvestments.com
What do we need to look for next?
- Rate hike decision on June 14
- Probability is that they will take a pause in rate hikes is strong
- Doesn’t mean they will be done raising finished
- Just means that the FED might like to skip the June hike to asses the inflation situation.
- Market will then have an excuse to go up
- BUT depends on what the FED says during the meeting
- AND then the market will continue to look at employment, energy prices, CPI, PPI, PCE, news and will react based on whether those indicate that the inflation is going down AND that the economy is slowing down but not crashing (soft landing).
