q4 2018 had other catalysts as well, that was a fuckin insane 3 mths, a 20% drop despite USA having ' a great economy', going all-in with huge decreased corp taxes AND increased spending. the debt ceiling was buried , lol. can u argue agasint Powell raising rates as the govt was fueling massive growth? it would also give them an arsenal when decreasing rates would actually BE NEEDED! the fed's greatest tool for increasing growth during a downturn is decreasing rates. Ya cant decrease rates much when they are at 0.25%
us/china trade tensions were at a high. Trump left the G20 in Argentina saying he and China are making positive ground (market futures ballistic green), gets off airfoce 1 reverses waht he said !! one tweet and BOOM the market reversed in a blink! haha, madness.Heck Trump was egging Powell to go into negative rates, that dude wanted the SPY +30% for a calendar yr on his watch--come yr end he'd b signing SPY charts ....$10 per chart LOL
us/china trade tensions were at a high. Trump left the G20 in Argentina saying he and China are making positive ground (market futures ballistic green), gets off airfoce 1 reverses waht he said !! one tweet and BOOM the market reversed in a blink! haha, madness.Heck Trump was egging Powell to go into negative rates, that dude wanted the SPY +30% for a calendar yr on his watch--come yr end he'd b signing SPY charts ....$10 per chart LOL