Sir Adam of The Koch Empire 🧻 on Nostr: For those interested in front running Powell and his interest rates. I give you the ...
For those interested in front running Powell and his interest rates. I give you the ETF $SGOV which has predicted accurately every Powell hike since last July. It’s pegged at 100 . You take the first of each months position and subtract it by the end of the months position to give you the ballpark rate hike for that month. Last month it got to 100.58 then fell to 100.22 which gives you .36 with a 25bps hike. The next Fed meeting is in May so it may be a 50bps hike. Perfect Trend pattern though.
Published at
2023-04-03 16:22:26Event JSON
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"content": "For those interested in front running Powell and his interest rates. I give you the ETF $SGOV which has predicted accurately every Powell hike since last July. It’s pegged at 100 . You take the first of each months position and subtract it by the end of the months position to give you the ballpark rate hike for that month. Last month it got to 100.58 then fell to 100.22 which gives you .36 with a 25bps hike. The next Fed meeting is in May so it may be a 50bps hike. Perfect Trend pattern though.\n\nhttps://static.noagendasocial.com/media_attachments/files/110/135/800/031/276/017/original/8119fdedbabada4d.jpeg",
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