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DATA DRIVEN in the face of Massive inflation. To do nothing before a collapse is just idiotic! If it wasn't for the 10 trillion + in free tax payers money God knows where we'd be. And that's not coming again.

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DipnRip

@theDipnRip

Jan 26

Replying to @MasterBJones and @traderbjones

Fed said they're going to be data driven and adjust accordingly

4:37 AM · Jan 27, 2022Twitter Web App

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Gap down tomorrow could turn into huge gap down Friday.

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Powell responding to questions today...#fed

GIF

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Aren't they hiking rates as soon as March and in turn strengthening the dollar? Isn't a stronger dollar what makes commodities and materials cheaper? Isn't this planned series of rate hikes meant to curb inflation?

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The Fed tends to broadcast what they're going to do beforehand to give the markets adequate time to adjust to capital being more expensive to finance. The market is currently baking-in the rate hikes before they occur. As a result, inflated stock valuations are coming back down.