FED Double Whammy to Kill S&P Rally? | S&P500 VIX Elliott Wave U.S. Market Update
FED Double Whammy to Kill S&P Rally?
The FED has failed to follow through on its own plan for quantitative tightening and the market seems to be betting that it won’t happen any time soon.
A slightly better than expected CPI figure was enough to send the S&P higher again, but Rob notes this is still not on convincing volume.
In addition to interest rate hikes, will the FED actually hit the market with a double whammy in September and wind up QT?

By EWO TraderPublished On: August 13, 20220 Comments on FED Double Whammy to Kill S&P Rally? | S&P500 VIX Elliott Wave U.S. Market Update