Category: Politics
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Options Trading Update: Fed Chair Powell Congress Testimony 3/7 and 3/8/2023
Yesterday, 3/7/2023, Fed Chairman Jerome Powell provided his semiannual testimony to the U.S. Senate Banking Committee, where he stated that higher interest rates than expected will likely be needed to defeat the persistently high inflation levels that currently pervade the economy. This means that the “terminal rate” for the federal funds rate is now expected…
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Politics and Investing: Don’t Check Your Politics at the Door, but Keep It in the Background
Any investor–and particularly a Market FIRE investor who actively invests in the stock market to make a living–should always be aware of the influence of politics on the market, but he should also never allow his own political views to dictate investment decisions. However, because politics inevitably will affect judgments by many market observers, investors…
Stock Market FIRE.com 