2022 will be a year of change in Fed rate hike expectations, from 7x rate hikes to maybe less than 3x. It also will likely see US CPI sinking into 2022 Q3 and Q4. What would be interesting is Fed rate cuts and more QE before the end of 2022. US Midterms are already priced in, a change in the Feds hawkish stance has not been priced in.
The Dow could run to blow off levels on the change, Dow $44,000 is on the table.
(Click on image to enlarge)
(Click on image to enlarge
Comments
Log in or sign up to join the conversation.