“I definitely think they are done,” Jones said Monday on CNBC’s “Squawk Box” of the Fed’s rate-hiking campaign. “They could probably declare victory now because if you look at CPI, it’s been declining 12 straight months. … That’s never happened before in history.”
The longtime investor said the market setup right now is similar to mid-2006 before the global financial crisis, where stocks moved higher for over a year after the Fed stopped tightening monetary policy.
“Equity prices … I think they’re going to continue to go up this year,” Jones said. “I’m not rampantly bullish because I think it’ll be a slow grind.”
The sky is falling. Wait but there is more. Lol… Americans are sick and tired of being sick and tired. The economy will boom and inflation will become acceptable and slowly decline as it has for months. Glad I didn’t sell Nvda looks like it’s on a run…
@Jil What is the impact of more T-bills on the market? Will these lead to a slow drop in the equity market over the next 2 months?
In a separate note, analysts at Bank of America recently said that would have an equivalent impact on the economy as a Federal Reserve rate hike of 25 basis points.
More like the influencers you are following are bearish Financial stocks always come alive at the late stage of a bear market to early bull market. Despite current ‘bank run’ scare, many financial stocks are Make your own conclusion.
Too good, I was thinking to buy Oct 2023, but bought short term Jun 16,2023. Any way, I sold it today just profitable. Since rest are cash, no issue for me to protect if there is some slide.
The consensus of the fed is moving, but they aren’t all aligned yet. They should align at no rate increases by the next meeting unless there’s a material change in the data.
Financial stocks always come alive at the late stage of a bear market to early bull market. Despite current ‘bank run’ scare, many financial stocks are 
