Loading ...Looks like Powell is in between a rock and a hard place but they have been for awhile. I don’t think he’ll say the economy is doing better under the circumstances but he could and the market will take it as they will raise interest rates. If they see inflated yields they’ll see future inflation then bonds could sell.
Someone pointed out a channel chart of the Dow which hit the top and next day yesterday Dow was red. I don’t know what will be perceived of the little stimulus checks.
The majority of people except for a few banks that paid people ahead will get their gov checks today to stimulate the economy. Most I know are gonna be paying bills or house fix it things.
Buygold
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