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The FED meeting has ended, initial thoughts: The market has received everything it expected today, nothing is missing from the FED's 0.5% interest rate cut to statements like "policy adjustment" and "interest rate cut cycle". In general, the FED chairman had a dovish tone, catering to investors to the fullest today. The question is whether the market believes what the FED says or not? Current market reaction: - The DOW, SP500 and NASDAQ indices are all turning green, currently slightly green. - Bit has turned green, then red, and is now slightly green, currently at $60,500. - Gold is currently red. This shows that the market is unsure whether to believe the FED that there will be no recession. Some of the things he said make people a bit uneasy, such as when he said he had spoken to large companies and currently sees no plans for mass layoffs, and we are cutting interest rates to prevent that from happening. Also, when he said that if the FED had enough data at the July meeting, they could have started cutting interest rates, but in reality, much of the data was shared after the FED announced the interest rate... These things suggest that the FED may have waited too long to cut interest rates and lower interest rates need time to seep into the economy... is it still in time? As Thuan shared: Positive thinking: Good, the FED is cutting interest rates, money is flowing into investment areas Negative thinking: The FED is cutting interest rates too aggressively, they are worried about a recession These two lines of thinking are battling it out in the market and we will have to wait at least 1-2 more days to see the trend.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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