Fed’s Powell Speaks and Stocks TANK
Is a sell-the-news rally setting up already?
Our View — The Whipsaw Continues
It's been a very ugly start to 2022 and it seems like traders are bracing for more downside. Yesterday Fed Chairman Jerome Powell didn’t rule out that a rate increase could come at every meeting in 2022, starting in March.
Everyone thought the ES was going to rip after the Fed headlines and instead it crashed. Interestin…