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The Federal Reserve is actively making the economy worse.
Joy of the Trade Head Trader Jeff Zananiri and I have been talking for a while now about how the Fed has been doing a fantastic job of ignoring every warning sign the stock market has given about rising inflation.
Fed Chair Jerome Powell of course doesn't see an interest rate hike happening anytime soon — must be because he's breaking his neck to turn a blind eye to the obvious inflation in the stock market right now.
The Fed's lack of reaction is telling of the stock market's future… and things aren't looking too bright...
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You'll Want to See This | WE WANT TO HEAR FROM YOU!
I do a ton of sector analysis and use back-tested, proven strategies to beat the market. I use proprietary formulas based on relative strength to track the top 5 strongest stocks… You know, the ones I send you in my new weekly watchlist. But now I want to know which stocks you'd like to see rankings for! All you have to do is reply directly to this email with your tickers! | | The 2 Most Important Charts to Watch This September
| | We've officially entered the fall season in the stock market, and Joy of the Trade Head Trader Jeff Zananiri already has his eye on two charts every investor needs to see…
You see, Federal Reserve Chair Jerome Powell recently went on TV and was extremely dovish on the prospects of any tightening of the economy.
He was super careful to detail that although the Fed would be buying less bonds, it wouldn't let it run off its balance sheet right away — which isn't exactly tapering. However, the stock market celebrated and the reinflation trade looks to be back on track. Now that the reinflation trade is gearing up to make some major moves, Jeff's also watching these charts to stay ahead of the game.
| Look at These 2 Charts, Now! | | | | |
Roger Scott | 27+ years of trading experience. Traded multi-million dollar accounts and has trained thousands of new and experienced traders. | | |
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| September 1, 2021 | If you're one of my long-haulers, you most likely remember me saying the Russell 2000 is somewhat flat… Continue Reading
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