This week is going to be crazy…
Big-time government officials and bankers got together this past weekend to orchestrate the sale of failing Credit Suisse to UBS, and the market rejoiced.
This might seem like good news, but what most investors fail to realize is that this has nothing to do with Federal Reserve Chair Jerome Powell’s desire to rein in inflation. And he’s getting ready to make his next announcement this coming Wednesday…
Will he take a look at the turmoil in the banking sector and hold off on raising rates, or will he move forward with a modest 0.25% increase?
A lot of investors believe we’ll see that 0.25% increase. And if that’s the case, we’ll likely see a serious overreaction to the upside in the stock market.
And while the market might go up, it probably won’t stay up, and that could spell danger for a lot of investors if they end up on the wrong side of the move. The only way we’ll see the market truly turn bullish is when the Fed starts lowering rates.
With the strong possibility for a false rally on the horizon, I’m going live at 11 a.m. ET tomorrow, March 21, to reveal the inner workings of what’s been my favorite strategy in the current market.
Trade well,
Jack Carter
Jack Carter Trading
