The Fed Will Almost Certainly Hike Interest Rate Next Week. This Could Add Accelerant To Market Downturn

July 20, 2023 11:30 am by CWR

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Valuations have expanded significantly since Sept 2022

S&P 500 PE has risen from 19 to 25 in just 9 months pic.twitter.com/r6Mk47KHQc

— Game of Trades (@GameofTrades_) July 20, 2023

Beware: Long big tech seems to be the most crowded trade in the market pic.twitter.com/eiTzAsXxMl

— Game of Trades (@GameofTrades_) July 20, 2023

See also Trump demands GOP Senate leaders enforce Recess Appointments, block all judge approvals; Elon warns: Without recess appointments, confirmations could drag on for years!

See also Signs are emerging that the market could be headed for serious trouble

h/t Hephaestus4

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