Anyone here remember almost 3 years ago the Christmas Eve Bloodbath caused by J Powell raising interest rates? I do! I bought share of Apple at the time for $36! The sell off was so bad in the markets that Powell reversed course and started lowering rates again!
This time is DIFFERENT! Sometime next year Powell will have NO CHOICE but to raise rates. Why? INFLATION and its undeniable! We all see prices of everything SKYROCKETING!! I’m not trying to cause fear! There’s nothing to be fearful of. Just know what’s coming so you can prepared! Yes, it will be hard to sell some of my shares of $(Apple)$ and $(MSFT)$ but it will be for the best! Prices will be MUCH LOWER after interest rates are hiked!!! Then you can buy back cheaper!!
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