Jerome Powell spoke at the ECB Economic Forum.

thecekodok

 The key indices of the US stock market - Dow Jones, NASDAQ, and S&P 500 - ended Wednesday with minimal growth, but on Tuesday they managed to decline quite seriously. Thus, on Tuesday, another round of upward correction could be completed within the framework of a new downward trend, which may also be a correction against the global upward trend. So far, everything is going according to plan. Recall that we have repeatedly said that the US stock market (and not only the US), as well as any other risky assets, will be under serious pressure, as monetary policy is being tightened one way or another, but monetary incentives are also being cut, and tomorrow the Fed will start the QT program, which involves a monthly sale of securities from the balance sheet for $ 95 billion. Thus, conditions for stocks will only worsen, and bonds and deposits - will improve. Based on this, we have already concluded that, at least until the end of 2022, US stock indices are highly likely to fall. And we are not changing this forecast yet.


The key indices of the US stock market - Dow Jones, NASDAQ, and S&P 500 - ended Wednesday with minimal growth, but on Tuesday they managed to decline quite seriously. Thus, on Tuesday, another round of upward correction could be completed within the framework of a new downward trend, which may also be a correction against the global upward trend. So far, everything is going according to plan. Recall that we have repeatedly said that the US stock market (and not only the US), as well as any other risky assets, will be under serious pressure, as monetary policy is being tightened one way or another, but monetary incentives are also being cut, and tomorrow the Fed will start the QT program, which involves a monthly sale of securities from the balance sheet for $ 95 billion. Thus, conditions for stocks will only worsen, and bonds and deposits - will improve. Based on this, we have already concluded that, at least until the end of 2022, US stock indices are highly likely to fall. And we are not changing this forecast yet.



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