Post-FOMC, Do This Now

Dear Reader,

Here’s the skinny: Powell just announced they’re raising 75bps, moving forward with tightening.

“We’re premature to initiate any pausing.”—Jerome Powell

Not surprising.

But this is actually good if you think about it.

If they completely pause now, they’d regret it a year or two down the road and realize they did a hard pause without stabilizing inflation.

That would be catastrophic.

But since we didn’t expect a complete pause, we’re one-for-one.

In response to Powell’s speech, the market dipped a couple percentage points.

But to be honest, that’s no surprise either—he’s the most hawkish, and the market will react to anything a Fed official says when they “go public.”

So, when Bullard, Daly, or Bowman say something dovish in the coming days, I expect a rally to the upside.

The other reason this is good is because it proves what I’ve been saying all along…

That there’s an end in sight. Two-for-two.

And when that happens, we’ll be ready.

If you’re not sure what I’m talking about or how this affects you—click here and get caught up immediately.

I can’t stress this enough… the window of opportunity is closing.

But if you’re still biting your fingernails over this market, you’re going to miss the biggest opportunity, potentially in decades.

Click here and get caught up immediately and see what comes next.

This small window between now and then might be your only opportunity to prepare.

Click here.

Jared Dillian
Editor, The 10th Man
Mauldin Economics