How long will the positive mood in the markets be due to the Fed's announcement?
Friends, today in this short thread I want to invite you to discuss how you feel about the last few days in the markets? 😊 I guess we don't need to discuss yesterday's Powell speech any further. In which key points were made, such as that there are no more interest rate hikes in the pipeline and that there could be up to 3 rate cuts in 2024. 😊
This has unleashed a wave of growth and we are approaching ATH index tops. I personally haven't experienced this yet, I've only been in the market for a year and a few months. I'm used to dips, rises. Last year especially declines, but now although I don't do it, I also boast and these two days are the highest growth I have seen in my portfolio so far.
(sorry for the size, I can't make it smaller)🙈😂 ...I know there are a lot of bigger investors out there, but for me this is a feeling I'm experiencing for the first time. (appreciation yesterday 12/13/23 and today 12/14/23)
I'm asking, especially those of you who have been in the markets for a long time and have experienced various situations, is it too much, or do you find it odd how much the Fed has suddenly reversed? The question that comes to mind is, aren't they afraid of some bigger mess, see the US debt?