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Free TheoNight Report - for Wednesday, June 15, 2022 by Brandon Chapman - Fed Rides the Painted Pony on Rates as the Inflation Wheel Spins
The Fed kept policy in line with the recent rise in expectations with a 75 bp move. While the market received the news relatively well, the outlook is diminishing and the Fed can't seem to find a directing sign on the straight and narrow highway. Which means more Blood, Sweat and Tears for millenials who are looking to buy a home. (XLF, FANG, TELL, AAL, GDX, HYG, KWEB, NLY)
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Recent Media Appearances by Don Kaufman of TheoTrade
NEW: Grim earnings spell trouble for U.S. banks, Don Kaufman says in TV interview
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NEW: Calm before the storm for crypto volatility, says Don Kaufman on CoinDesk TV
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