Long push: From stopping interest rate hikes to formal interest rate cuts, a feast of risk assets on the edge of a cliff
Note: This article comes from @0xNing0x Twitter, and MarsBit organizes it as follows:
As expected by the market, there was no rate hike at this month's interest rate meeting. Although Fed Chairman Powell has always refused to send any signal of stopping rate hikes, everyone knows that this round of rate hikes has actually ended, and the Fed is just using the "art of verbal persuasion" to manage market expectations.
Nevertheless, the Fed's "mouth-slipping technique" is effective. In the American market game environment, the investors who survive are all naive and lovely "little pinks" who naturally tend to believe everything the Fed says.