🚨 Wait & See for FOMC 🚨
Simply put:
- If the Projection Interest Rate at the end of 2024 rises to 4.7 - 5%, the market will dump it.
- If the Projection Interest Rate is fixed, then the market Pump
There is also a scenario, if the Projection Interest Rate, rises, but Jerome Powell has a dovish tone during the FOMC Press Conference, then the market can Pump too.
But before the Pump, there is a dump first, because the market is disappointed with their unfulfilled expectations that the Fed in 2024 initially wanted to cut the rate 3x, but instead it became 2x and could even be only 1x.
But I believe, Soon the Market Will be Green 💚