And just like that the S&P 500 rebounds and trades higher as regional bank stocks gain, like nothing happened.

Monetary policy decisions

Good data is bad, bad data is good kinda days! Thanks FED! Thanks Powell, fear of high interest rates messed up the system.

WTF Chart Of The Day: US Jobless Claims Finally Rise As Layoffs Soar At Fastest Pace 'Since...

The FED and US government want more people unemployed, they want you to deplete your savings and go into debt, when the real problem is the uncontrolled money printing.

Unemployment Insurance Weekly Claims

A reading of more than 200,000 jobs added in February would be the Fed's trigger for a big March rate hike. Powell thought things started to cool off, now they are talking about a 'hard landing'.

BlackRock says the Federal Reserve could hike interest rates to a peak of 6%

JOLTS came in higher than expected and last month was revised higher. Not a sustainable level for the FED to tackle inflationary pressures IMO. Amazingly tight labor market, definitely NOT what the Fed wants to see.

Job Openings and Labor Turnover – January 2023

The jobs report is a lagging indicator. Companies are laying off THOUSANDS of staff. Sales Force just announced “10,000” layoffs. Biden’s claims about the great economy and unemployment rate are going to come crashing down this year. His plan is NOT ...

Unemployment Insurance Weekly Claims

The United States ISM Index shows weak economy and persistent inflation. More rate hikes on the way.

US Manufacturing PMI at 47.7%; February 2023 Manufacturing ISM Report On Business

Keep in mind, these Fed minutes are from before: 1. December/November CPI was revised higher 2. January CPI came in above expectations 3. January PPI came in above expectations Inflation is still out of control.

Minutes of the Federal Open Market Committee January 31–February 1, 2023

Remember all that "free money" that the government was handing out ? This is the result.

Producer Price Index - January 2023

At 2 pm EST the FED will announce a 0.25% rate hike as expected. At 2:30 is where the REAL action takes place. If Powell comes out hawkish (Remember last August/September Jackson Hole?) DXY will fly up to 102 today and possibly as high as 104 by ...

Powell likely to stress Fed’s inflation fight far from over

Even with an expected rate increase imminent, markets are acting like a dovish pivot is coming. But Powell remains determined to quash inflation.

Here's everything the Fed is expected to do Wednesday

The 2 year and 5 year yield still above the 10 year yield. Big red flag waving!

The Employment Situation -- August 2022

Apocalypse is here.

Consumer price inflation, UK: July 2022