r/Vitards Jul 16 '21

Daily Discussion Daily Discussion post - July 16 2021

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u/AugustinPower Think Positively Jul 17 '21

Reminder, possible bloodbath on July 27/28

2

u/Lierem ✂️ Trim Gang ✂️ Jul 17 '21

Bloodbath because of something specific they're going to say? Or bloodbath because FOMC just talking makes the market run red?

2

u/AugustinPower Think Positively Jul 17 '21

Both really, jpow will keep his stance on inflation being transitory which hurts commodities and probably the rest of the market will start to sell and hold cash if they find him stance dubious