While we might have seen peak inflation, we might be coming into a time of sticky inflation. This is a time when inflation will stay elevated, which means the Fed will continue on its hawkish path to keep rates higher for longer. The Fed has tools to fix and stimulate a down economy, but they don’t have very many tools to tackle inflation. So as Powell said, they would rather over-tighten, than under-tighten.
The final quarter of this year is full of economic variables influencing the stock market. How do you trade this market through the end of the year? Members of my Moxie Indicator™ Mastery Program learn how to combine fast-moving signals and track movement as the market flips and flops in the volatility. Join us as we track the profit opportunities!
Your Profit Pilot, TG
