After the SpaceX hype, now focus shift to the FOMC meeting.
Disclaimer: Nothing I say or post should be considered financial advice. Please do your own due diligence before making any investment decisions.
So right after the release of highest valuated IPO in history for SPCX, the focus shift towards the FOMC meeting and rate announcement on Monday. It is going to be the first annnouncement done by new fed chair Kevin Marsh. With CPI and PPI numbers higher than market estimates, logically speaking it should pressure the fed to cut rate.
However, with Kevin Marsh being new to this role, does he want to shake the boat on his first fed meeting? This stock market has spring up plenty of surprises, so I would not be surprised if he choose to maintain rate or even increase rate. Nothing is logical anymore in this stock market led by Trump.
@PawsAndProfit - Specialist in combining FA and TA for options selling and swing trading.[Claw]
#FOMC #Fedreserve #interestrate #TNX #KevinWarsh
Modify on 2026-06-14 04:02
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