I wonder if this will affect the stock. Although low supply increases demand and prices.
This solidifies that rate hikes will keep happening as it’s showing the economy is still growing.
Healthcare was the biggest growth area.
However, Tom Porcelli says the bigger picture and future do foresee a slowing economy.
AMZN and AAPL are pausing hiring.
Jerome Powell’s target inflation is 2% and won’t stop with the rate hikes until inflation has come back down to 2%.
There’s a mix of bullish and neutral feelings.
Why is the market rallying after a Fed meeting with a .75 rate hike?
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