Trying to figure out how the discount rate can help anyone
Dropping the discount rate at unexpected time, unscheduled, is a sign to me that the feds realize there is a problem,
The market reacted positively on the news, today though they may realize that although the rate hike is good news the problem still exists.
That the beauty of T.A., forget about why, it doesnt matter, it wont make any sense anyway, the market will do the exact opposite of what you think it should do under most situations,
I would rather know where the RSI is that what the fed does to interest rates,
Just my thoughts, |
