After news broke yesterday afternoon that the Feds hiked it 75bps, I think we all had the same assumptions. The market was going to go down but boy were we all wrong. All indices finished up 1%+.
I went to bed last night thinking about how it couldn’t be real or it didn’t make sense. I was trying to figure out why you would buy in after that kind of news and then we woke up to this.
https://i.imgur.com/Zd2R6uL.jpg
Looks like another blood bath.
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