Tag: Fed

Bought The Hype, Sold The News?
August 2, 2022 No Responses

Bought The Hype, Sold The News?

There is an old adage “to buy the hype and sell the news”. The hype, in this case, being the Federal Reserve’s decision to raise interest rates and the Second Quarter GDP. While politicians and pundits argue over the definition...
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Despite Ultra-Hawkish Fed’s Meeting, Gold Jumps
March 18, 2022 No Responses

Despite Ultra-Hawkish Fed’s Meeting, Gold Jumps

The FOMC finally raised interest rates and signaled six more hikes this year. Despite the very hawkish dot plot, gold went up in initial reaction. There has been no breakthrough in Ukraine. Russian invasion has largely stalled on almost all fronts, so...
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