The market is so efficient and forward-looking now, it seems that thinking one or two steps ahead isn’t enough anymore.
Everyone wants to be the first to anticipate what they think will happen in 2024, even if there’s no clear assurance that it actually will come to pass. This is what happens when legions of retail investors have easy access to stock trading on their smartphones and when institutional investors use algorithms to place trades in the blink of an eye.
Yet, hardly anyone wants to address the question: What did Powell actually say? Do you know which under-the-radar stocks the top hedge funds and institutional investors are investing in right now? Click here to find out. When half-baked assumptions are baked into the pie After scouring Powell’s remarks at the most recent Federal Open Market Committee meeting, I only identified a couple of phrases that might be construed as dovish.
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