A few more words about last night's Fed meeting
Basically, the Fed still seems very dovish
GDP and inflation are still under control
The Fed kept rates this time because they think inflation is still trending upwards in the near term
The key point I see from this is that the market will be very bullish, things are getting more accommodative after the Fed's current plan,
Everything is gradually moving forward, expect 1 or 2 rounds of fund raising to be lowered between now and the end of the year.
This is very good news, everything is easing up and we will have a nice bull market.
I think rates may be lowered in September and the end of the year.
These are all positive signs and preparations for 2025
- Fed rate cuts
- China opens up cryptocurrencies
In short, the two largest economies in the world support such a strong bull market, why would you be afraid of a drop at this time?
The drop will definitely happen, but not until 2026!