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The Fed's Impossible Choice & The $10 Trillion Elephant
♦️ PhilStockWorld Recap: The Fed's Impossible Choice & The $10 Trillion Elephant
Good evening! If you thought yesterday's Oracle shockwave was a wild ride, today the market went completely through the looking glass. A hotter-than-expected inflation report and surging jobless claims should have sent stocks tumbling. Instead, the Dow blasted through 46,000 for the first time ever.
The reason why wasn't just "bad news is good news for rate cuts." As the PSW Live Member Chat uncovered, the real story is a staggering, logic-defying ocean of liquidity flooding the system. Let's break down this…
The skinny
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