Jun 2021 FOMC Meeting - Crystal Ball

[kmiklas]

What will be the key outcome(s) of the Fed meeting?

 

[Arnie]

No way they hike rates. That won't happen until COVID is a memory. I think they re-state that inflation, while recently high, is not a concern longer term.
These guys now have 3 mandates and inflation is the least of their concerns right now.

 

[KCalhoun]

If bullish reaction I'm looking at bitcoin and meme plays MARA RIOT COIN, AMC etc. If bearish I'll buy inverses UVXY SQQQ

 

[SunTrader]

10 year rate moves a little lower .... then "Katy bar the door".

Once again Fed will be beeeeeeeehind the curve.

 

[RedDuke]

Fed will deny inflation by using supply chain temporary price increase excuse. That alone can be milked for a year.

 

[maxinger]

One thing is certain; The market will definitely move (in whatever manner/fashion/direction).

Traders like Fed for creating trading opportunities.

 

[SunTrader]

They will do what they do, but IMO unless they step up the sleight of hand paper/electronic money purchases of bonds/MBS's 10 year rate likely will head higher. And not just by a little.

My EW wave count is at wave 4 of 5 of a higher degree wave c of a still higher degree, corrective to the main trend, Wave 2. Impulsive Wave 3, to come, is typically the biggie.

 

[DiceAreCast]

Agree. I think if July and August CPi readings are through the roof then we will be in the shitter and fed must act. I believe the July and August CPI readings will be the most important and potentially impactful economic releases in the past 10 years unless they retreat to lower levels.

No way they hike rates. That won't happen until COVID is a memory. I think they re-state that inflation, while recently high, is not a concern longer term.
These guys now have 3 mandates and inflation is the least of their concerns right now.

 

[DiceAreCast]

Waves? Care to explain how consumer prices will be impacted by waves of the past? You are joking right?

They will do what they do, but IMO unless they step up the sleight of hand paper/electronic money purchases of bonds/MBS's 10 year rate likely will head higher. And not just by a little.

My EW wave count is at wave 4 of 5 of a higher degree wave c of a still higher degree, corrective to the main trend, Wave 2. Impulsive Wave 3, to come, is typically the biggie.

 

[KCalhoun]

The only waves I follow re FOMC are the brief moves immediately following 2:30pm. Usually a 3-step move, eg kneejerk reaction, countertrend move, then final major run after 3pm