
SURPRISE! FED MAKES A SLIGHT TILT TOWARD SENSIBLE POLICIES
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know now.
Surprise!
Please click here for a chart of Nasdaq 100 ETF (QQQ).
Note the following:
- The Fed Chair Powell is clearly a very intelligent and accomplished person.
- Members of the FOMC are excellent economists.
- When the economy was locked down last year, the policies the Fed came up with were the right policies.
- Subsequent to the initiation of these policies, the following new developments occurred.
- Successful vaccines came along.
- The economy opened up.
- Millions of new jobs opened up.
- House prices shot up.