Submitted by Theorysquatch t3_11z2nag in wallstreetbets
SisterStiffer t1_jdd1xg5 wrote
Reply to comment by HulksInvinciblePants in 4 Trillion dollar corrective response by Theorysquatch
No, the surprise in what jpow said was that the feds model๐๐ suggests no more rate increases(assuming all stays the same) but the market has a .25 increase priced in for may. So the market had to adjust for no more rate hikes instead of +.25.
The big fish were just shuffling money around, its good-ish news so only up from here. We'll beat february's highs shortly.
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