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<blockquote data-quote="Deepdiver" data-source="post: 1486019" data-attributes="member: 4603">Fed Meeting results today is they will continue to remain accommodative until we reach &quot;full employment&quot; as the US Economy comes out of the Pandemic and that they now expect to raise % rates in 2023 from 0.1% to 0.6% possibly in two 0.25% increases however &quot;The Fed will also continue to buy $120 billion in government-backed bonds each month, which keeps longer-term borrowing costs low and can bolster stock and other asset prices&quot;.[URL unfurl=&quot;true&quot;]https://www.nytimes.com/2021/06/16/business/economy/fed-meeting-inflation.html[/URL]I expect a short term S&amp;P ABC Correction as posted in the link below and a longer 12 Year Bull Run ABC correction as the current Administration continues its $6 Trillion in &quot;infrastructure&quot;, &quot;American Family Plan&quot; and Green New Energy spending etc., proposals including new taxes likely to hammer most of the non-FAANG S&amp;P and the smaller Russell 2000 Stocks.For details see:[URL unfurl=&quot;true&quot;]https://www.rooshvforum.com/threads/crypto-lounge-thread.33603/post-1484535[/URL]###</blockquote>

[QUOTE="Deepdiver, post: 1486019, member: 4603"] Fed Meeting results today is they will continue to remain accommodative until we reach "full employment" as the US Economy comes out of the Pandemic and that they now expect to raise % rates in 2023 from 0.1% to 0.6% possibly in two 0.25% increases however "The Fed will also continue to buy $120 billion in government-backed bonds each month, which keeps longer-term borrowing costs low and can bolster stock and other asset prices". [URL unfurl="true"]https://www.nytimes.com/2021/06/16/business/economy/fed-meeting-inflation.html[/URL] I expect a short term S&P ABC Correction as posted in the link below and a longer 12 Year Bull Run ABC correction as the current Administration continues its $6 Trillion in "infrastructure", "American Family Plan" and Green New Energy spending etc., proposals including new taxes likely to hammer most of the non-FAANG S&P and the smaller Russell 2000 Stocks. For details see: [URL unfurl="true"]https://www.rooshvforum.com/threads/crypto-lounge-thread.33603/post-1484535[/URL] ### [/QUOTE]

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