On Tuesday, the September JOLTS job openings report comes out—this data will determine whether the labor market is still hot.
Wednesday is the big day. The Fed will announce the results of its December FOMC meeting, followed by a press conference from Chairman Powell. Will there be a rate cut? How will it be done? The market is waiting for this answer.
Thursday is even busier: OPEC releases its monthly report, initial jobless claims data comes out, and the US 30-year Treasury bond auction wraps things up.
The Fed's decision and Powell's comments will basically set the tone for the market's direction going forward.
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DiamondHands
· 12-10 16:45
What will Powell say this week? It feels like the entire market is holding its breath.
Will there be a rate cut or no change? It really can determine our mood this week.
The press conference on Wednesday must be watched closely; even a single word could cause upheaval.
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screenshot_gains
· 12-09 17:40
As soon as Powell starts talking, I know I have to follow the trend. This guy's remarks are even more accurate than the data.
Wednesday's press conference is the real highlight; everything else is just a side dish.
Looks like I'll have to stay up late watching the market again—Tuesday to Thursday is going to be brutal.
Feels like this rate cut is going to be tricky again, the market is already starting to doubt itself.
Once the JOLTS data is released, the truth will be clear. The labor market is getting too much attention.
The Fed's move could completely reverse the market trend. I'm betting five bucks on a black swan event.
On Wednesday, Powell's wording is even more critical than the result itself; every word will need to be analyzed carefully.
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SeasonedInvestor
· 12-09 17:39
Every time Powell says something, my wallet starts shaking. There have really been a lot of sharp moves this week.
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PoolJumper
· 12-09 17:35
Powell's words really can stir up the markets. What he says on Wednesday will directly determine whether I win effortlessly or get liquidated this week.
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SudoRm-RfWallet/
· 12-09 17:18
As soon as Powell opens his mouth, retail investors can't help but tremble.
There are a few major events to watch this week:
On Tuesday, the September JOLTS job openings report comes out—this data will determine whether the labor market is still hot.
Wednesday is the big day. The Fed will announce the results of its December FOMC meeting, followed by a press conference from Chairman Powell. Will there be a rate cut? How will it be done? The market is waiting for this answer.
Thursday is even busier: OPEC releases its monthly report, initial jobless claims data comes out, and the US 30-year Treasury bond auction wraps things up.
The Fed's decision and Powell's comments will basically set the tone for the market's direction going forward.