bullish

Weekly Stock Bullfinder - Week of 6/20

222 Views20 Jun 2022 08:34
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SUMMARY
  • Last week, I spent some time outlining how incoming data appears to beginning to show that certain overheated pockets of the economy are seeing signs of moderation and may be slowly returning to pre-pandemic price trends.
  • With the Federal Reserve hiking 75bps this past week, most of the market commentary and analysis I have seen focuses on how many 75bps hikes the Fed needs to do the rest of the year in order to tame inflation.
  • After this last interest rate hike, commentators are almost unanimously convinced the Federal Reserve will tighten us into a recession in order to shakeout inflation and that a “soft landing” just is not possible because the Fed was already so far behind the curve with its monetary policy stance.
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