PCE Deflator Announcement Live Stream
The S&P hit new highs, the Nasdaq also reached new highs, and all three U.S. stock indices continued to rise.
There are voices warning of a crash, but if a crash were to occur under easing conditions, it would only delay tapering, so in the end it would lead to strengthening the easing stance, which would support the market; as long as there is an easing stance and it does not fall sharply, the stock market is viewed as a pullback opportunity.
As I have written many times for readers of this article, tapering is not shrinking liquidity but reducing the amount of easing, so easing continues every month.
If you don’t take such positions calmly, you may end up being shaken out while trying to grab any profit from a rebound, so it’s important to keep a steady viewpoint.
With information overflowing today, it’s easy to be swayed by it, so keep the underlying principle of “ease” clearly in mind.
Even though we leave that idea, given strong economic indicators at the time, a sense of undervaluation came to the forefront.
It was a day of triple witching with SQ overlapping, and many factors overlapped, so there seemed to be a lot of noise.
