Wednesday, September 21, 2022

FOMC - feds raised rates by 0.75%

pre-FOMC

  2 years touches 4% ; from a 0.25% an year ago ..!

 10 year at 3.6%, up form 1.3% an year ago ..!

 30 years go from 1.8% to 3.6% - doubled ..!

  so 2/10 is inverted; so is 2/30

 labor market showing signs of weakness across industries

  stocks on +ve note expecting 0.75% increase

post - FOMC

 2% drop followed by recovery by the time JP started speaking, as he made firm commitment to raise rates until inflation drops to 2%; & then gave up more post conference

LT go slight down while ST going up means solid inversion ... hence we are gong lower ..!


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dems say that premium will go up by 30p ...

If we don't save ACA ... affordable care act ..? Do you see the irony here ... an affordable act and premium are rising ..!