Grant Williams: Market To Drop Once It Realizes Fed Pivot Not Happening Soon

Wealthion - Be Financially Resilient · Feb 16, 2023 · 58m

It's a very challenging & confusing time for investors as there are several standoffs happening right now & it's uncertain which parties will emerge victorious.

For starters, the market clearly doesn't believe Jerome Powell's resolution to hold the Federal Funds rate above 5% for the rest of the year. It's currently predicting a Fed pivot by summer.

On top of that, the market has been in rally mode & is now trying to confirm the recent bullish breakout. But nearly all of the recent macro data shows a weakening economy.

Which outcomes are more likely to prevail?

To help us tackle the…