What you guys think about the news coming up tomorrow?

I've seen articles talking about how unemployment filings increased last quarter and inflation isn't as high as they feared (both lies). This is an attempt to signal that the Biden administration is trying not to get the Fed to raise rates at all or as much as is feared - and also not to curtail acquisition of company assets to support prices. The fear of higher interest rates and stopping asset price supports is the primary reason for the market retraction. (Plus this noise with Russia & Ukraine.) If they hold off on raising rates then it will be seen as very positive for the markets and you would expect to see a rapid rebound. If rates go up significantly the economy is gonna tank and the Democrats (controlling all branches of govt) will get blamed and suffer even worse in November. Biden will try to keep the Fed from raising rates til after the election. The moment the GOP takes control of congress then the Fed will be forced to act and the economy will take a big hit - but now the Dems & press will be able to blame the Republicans (and it will work). That's my prognosis which we should learn within another 48-72 hours.

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26.01.2022

Tozaki Автор вопроса

Benjamin Scherrey
I've seen articles talking about how unemployment ...

You have article for this?

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26.01.2022

Rowan Skye · Accepted Answer

Rowan Skye

what news?

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26.01.2022

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What you guys think about the news coming up tomorrow?

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