@wisliacy
Quick FOMC reality check for the timeline:
βΈοΈ Rates held at 3.50-3.75%. No surprise there.
π₯ Inflation is sticky af. PPI hit a 13-month high at 3.4% and Core PCE sitting at 3%. Powell basically said no progress = no cut.
π’οΈ The oil leak nobody's pricing in: Powell straight up admitted the energy shock is bleeding into core inflation through transportation costs. Geopolitics is running the show over monetary policy right now.
ποΈ The killshot: market just capitulated and pushed the first rate cut expectation all the way out to APRIL 2027. Let that sink in.
"Higher for longer" isn't a threat anymore. It's the baseline. If you're blindly longing this dip you're fighting the Fed AND a global energy crisis at the same time. That's not brave, that's reckless.
Protect your capital. ππΌ