Chapter 278 – The Powellian Listening Test
Powell’s rise.
It is an event that investors around the world look forward to and fear.
It’s because of the last FOMC’s bombshell remarks.
The afterglow didn’t even go away.
〈Hello.〉
Climb up again
The speech was scheduled in the official schedule.
“Sell it! Sell it! Sell it all!”
“Until the panties?”
“Leave the panties on for now.”
PTSD deserves it.
Wall Street traders keep their nerves up.
Powell could turn the market upside down again.
It is not strange to accelerate the collapse.
〈American Economy is strong〉
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It’s surprisingly dumb
There was nothing special about Powell’s speech that began.
“You’re not saying anything?”
“Just a normal remark…”
“Uh, maybe I can buy stocks like this.”
I was very scared.
It hasn’t been long since the FOMC ended, but it’s coming out again?
I think there is something up.
Surprisingly, there are no remarks.
〈 US GDP is growing by more than 3%. Little progress was made on inflation target.〉
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A statement in favor of the market.
Buying is coming in little by little.
What was the decisive factor in the trend change?
“You’ve seen results!
“Inflation caught!”
“Are you saying you can look at the final interest rate lower?”
That said, I saw results.
It’s an expression that didn’t exist a week ago.
I have some guesses as to why.
‘Looks like you saw the indicator!’
Number of New Unemployment Benefit Claims.
University Michigan 5-year inflation.
Employment and expected inflation are important to the Fed.
But it was a slight change.
I wasn’t sure if the existing tough attitude would soften.
〈 We will look at the data and judge. However, I think that some increase in the interest rate is appropriate in the current situation.〉
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I took it out of my mouth.
That is the chairman of the Federal Reserve System.
There is no clearer and more official official than this.
“The economy is good.”
“What if interest rates are lower?”
“This isn’t really Goldilocks!”
Raising interest rates is not necessarily a bad thing.
There is a reason why stock prices have been skyrocketing endlessly.
Goldilocks.
An ideal economic situation in which prices do not rise despite high growth.
Powell may be suggesting that.
─Buy orders have been placed!
And investors are creatures that need to be quick to notice.
When others are hesitating, step in ahead.
[US Stock Gallery]
─The beginning of a humanistic rebound
─I’ll tell you why Powell’s remarks are meaningless haha.Txt
─With Jaein Ho?
─I recognized the short-haired ones from the time they started talking.
．
．
．
You only know when the stock goes up.
The fact that the remark I just made was a good thing.
─I sold all of them because Powell was on the rise
Ah
└ The human index haha
└ It was an amazing lowest point loss~
└ It goes up because you dig it.
└ Thank you always!
What does Powell say?
Because the ants have no way of knowing.
It’s hard to tell if that’s good or bad.
No, even if you’re thinking about it.
─Why is the US economy good?
Are you saying that interest rates can continue to rise?
└ I said the same thing, so it’s a good thing haha
└ Eliminate bad news
└ Is the short head hot?
└ Son ~ I heard that stocks have gone up a lot lately, right? Mother believes in son
Can’t help but shake
It is not easy to maintain one’s own subjectivity in a market with high volatility.
Stock price goes up
People say so too.
Any half-hearted beliefs will soon be broken.
─I’ll tell you why Powell’s remarks are meaningless haha.Txt
When you are interpreting each sentence with a black eye, Wall Street has already raised or lowered them all haha
└ They are native speakers haha
└
└ Upset Wall Street? Just die!
└ If the smartest kids in the world climb, they will climb.
That’s what human psychology is.
And it is the same for all investors.
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『Nasdaq Composite Index』
7,523.65 ▲125.76 (+1.70%)
[Graph where the beekeeper was suddenly stuck.Jpg]
+———————————————
For a while, stock prices plummeted tremendously.
I was waiting for a rebound that would come someday.
That’s it now
You and I also buy stocks, and the stock price accelerates and rises sharply.
“Ha, I think I’m fucking fucked?”
“Doing a cover right now…”
“Buy it quickly!”
And rise begets rise.
This is because the stock market does not always live in a positive direction.
Short covering.
The forces that hit foot betting and short selling should be picked up before losses increase.
〈 There will be no recession in the US.〉
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Still have hope
Powell may show his hawkish true colors again.
〈The Fed is monitoring market participants carefully.〉
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As the speech progresses, it disappears.
Beyond that I wasn’t as hawkish as I thought.
“I know the market conditions.”
“You knew they were really going to kill the NASDAQ.”
“No matter how close you are, it’s on top of Trump’s palm~”
It is what the market wants.
What if the Nasdaq crashes too much?
It is not without adverse effects on the real economy.
Powell recognized that too.
〈 The Fed’s top priority is to control inflation.〉
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There were hawkish remarks in the middle, but overall, it was more dovish than market expectations.
That is, it was good.
There were no bombshell remarks like before.
Pay attention until the very end, just in case.
〈Thank you.〉
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It ends without any incident.
Let’s finish the speech in such a warm atmosphere.
“It suddenly changed.”
“It’s not all of a sudden. The indicators are rising well, and Trump isn’t standing still.”
“Okay! Lately, I’ve been posting tweets all the time.”
It’s very exciting on Wall Street.
A fight between the market and the Fed.
It ended with the victory of the market.
There is a reason to raise the stock price with confidence.
Liquidate foot bets and have a sex party.
〈 hoo.〉
Without seeing Powell’s decay.
* * *
A tug of war between the market and the Fed.
It’s not something that happened yesterday.
‘Because it’s a market raised by the money that the Fed releases.’
Why are US stocks trending upward?
This can be said to be the root cause.
The direction of the Fed and the direction of the stock market coincide 95%.
This is a paper that has actually been verified.
“Wow, the stock is going up.”
“The US economy is strong?”
“I think you’re talking about it in a good way…”
But don’t be mistaken.
That the market is heavily influenced by the Fed.
‘Because it could be decided by the Fed.’
This is why we need to pay close attention to the Fed’s remarks.
It should never be interpreted one-dimensionally.
“Do you think that’s a good word?”
“Yes.”
“I’m still in the late 900’s on the TOEIC.”
“I’m in my 110s on the TOEFL.”
“Is there any misinterpretation?”
It’s not enough to be good at English.
You can fall into a trap while doing your job.
You need to understand the background.
In order to know the true meaning of what Powell is trying to say.
‘Because he’s such a nobleman.’
Fed Chairman.
Traditionally, an economist takes the position.
Powell is the first non-economist chairman.
“He’s a lawyer who majored in law and political science.”
“I see.”
“No, why would a lawyer want the chairman of the Federal Reserve…”
“Because I speak well.”
The modern Fed chairman is not just a man dealing with the economy.
The ability to communicate with the market is important.
‘From that point of view.’
Skillful narration.
He speaks much more easily than the Fed’s chairman, who uses difficult economic jargon.
At first, the market cheered.
I heard a toast saying that a pigeon had flown in.
〈 US GDP is growing by more than 3%. Little progress was made on inflation target.〉
It was not so.
You realize why being a lawyer is such a scary job.
“I heard you saw inflation performance?”
“It goes up again.”
“Just go up.”
“You’re right to say nice things!”
“No.”
Punning.
It can be said that it is a lawyer’s specialty.
A word or two distorts the entire context.
‘It’s not a little, it’s a little.’
It’s not that I’ve seen some success.
It is correct to interpret that we have only seen little progress.
〈 We will look at the data and judge. However, I think that some increase in the interest rate is appropriate in the current situation.〉
Increases.
Wrote the plural.
This means that interest rates will rise at least twice.
Although the tone is soft, the meaning contained in it is not.
It is the so-called Eonjunghyolgyo style that is troublesome.
“The tone is completely different.”
“It seems that he intends to raise interest rates for a while…”
“That’s it.”
It is said that the Korean language is very different and different.
It is not necessarily a sound that only applies to Korea.
‘It’s a test to catch these hidden intentions.’
You can think of it as a Powellian listening test.
This is why the FOMC will become a show the world pays attention to in the future.
“Still, the economy is strong.”
“It’s a different point of view, too.”
“A point of view?”
From a lawyer.
Every word Powell says is by no means a coincidence or mistake.
Also, the economy mentioned at the beginning is strong.
「Donald J. Trump」
1 week ago.
#Yeonjun #Crazy
Yeonjun went crazy.
「Donald J. Trump」
5 days ago.
#Economy#must survive
The only problem with the economy is the Fed.
「Donald J. Trump」
3 days ago.
#Economy#fed#problems
The US economy is so good thanks to me, but the Fed keeps ruining it.
I said this in light of the current situation.
There is a man who shoots himself on Twitter.
“That’s what Trump told me to listen to.”
“Ah.”
“The economy is good?”
“It’s not ruining the economy, so it’s okay to raise interest rates even more.”
No, the president.
It is also meaningful to assign the order as the first word.
Interpretation based on this background changes the meaning.
I have no intention of bending my existing stance.
〈 Are you going to keep raising interest rates?〉
〈 It’s a long way to catch inflation~.〉
Other Fed members.
It was scheduled after Powell’s speech.
What is the Fed aiming for?
We will send it back so that there is no room for misunderstanding.
“Wow, it’s really falling.”
“It’s a thin ice board, a thin ice board…”
“Why is Powell talking like a fuck?”
“Because it’s fun.”
To the extent that I miss the previous Fed chairmen who were straightforward, albeit stiff.
For some, it’s a matter of making it cheap by squeezing the head.
‘It’s an opportunity to make a lot of money for someone.’
Get a perfect score on the Powell’s Listening Test.
