A 'Word on Wall Street' panel with Michael Lee Strategy's Mike Lee, Strategic Wealth Partners' Mark Tepper, Bulltick Capital's Kathryn Rooney Vera discuss market trends amid banking collapse volatility.Federal Reserve kicks off
its two-day meeting, one market expert has warned of a "very dire situation" dependent on fiscal policy. "If the Fed can't keep rates high, if they can't keep raising as they need be, and we have persistently high inflation, we are in a very, very, very, very dire situation," Michael Lee Strategy founder Mike Lee said on ""So I think the Fed goes 25 basis points. I think how the market reacts depends 100% on what Powell says and reacts to the questions and how the market absorbs that," he continued.
With a strong market rally underway Tuesday morning, the Fed began discussing its latest interest rate decision. Sixty-two percent of investors expect the policymakers to continue hiking rates, which would mark the ninth straight increase, while 38% expect no change,
If the Fed was wise they would pause. But there is a bigger agenda and that’s to take down the communists by having natural gas and oil prices tank. Like the 1986 oil glut and 2014 glut that crushed Venezuela. And to get housing prices down in California.
expert front runners shill
Last I checked, we are already in a very dire situation economically.