$Invesco QQQ(QQQ)$ The new Fed Chair Warsh just launched five task forces to rethink policy-making from top to bottom. No chair in recent memory has gone this big. Why does it matter? The Fed sets the rate behind every mortgage, loan, and market move.
What many don't realize is that this is actually very bullish. There won't be a rate hike unless something fundamentally changes. Mark that.
Oil is coming back down. Inflation will cool—it was a blip due to high energy prices. Take energy out, and we're cooling. I'm watching $SPDR S&P 500 ETF Trust(SPY)$ closely.
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