Why the Market is on the edge of its seat AGAIN this week

[RagingBull Elite]( Hey Folks, Happy Friday 🎉- The Federal Reserve is about to hold the most important meeting of the year in Jackson Hole, Wyoming - and make NO mistake that’s what the markets will be all about today. Yes, there was some BIG political news (Mr. X covers that today), but we’re focused on the stock market - and we’re about to get a much more detailed look at Federal Reserve policy and philosophy. The Fed has plenty to be happy about right now. The rate of inflation has been falling for months. The much-anticipated recession hasn’t shaped up. The higher interest rate hasn’t crushed the stock market, with excitement over AI driving a bull market for most of this year. But things which can’t last forever… don’t. The Fed is still well above its 2% inflation target and is fiercely divided about whether another interest rate hike should take place immediately. Homeowners are already buckling under some historically high mortgage prices. Regional banks are also buckling under the pressure. Can the Fed really afford to give another body blow to the American economy… especially now that analysts are expecting them to lay off? There will be politics aplenty over the next year and a half. But right now, what matters MOST for your wallet is what’s taking place in Wyoming…so hang on to your hats, people! --------------------------------------------------------------- Warning: “NOT TYPICAL!” Who Builds A 176 Page Track Record Of 100%+ Trades? IN ONLY SIX MONTHS! Not A Newbie… But Jeff Bishop Does! It’s True, Jeff’s Results Are NOT Typical! But Rocket Trades Are Alerted Three Times Per Day. Wins, Losses, Full Transparency! [Bullseye Unlimited → FULL Service Review]( --------------------------------------------------------------- And as a bonus today, here are some other headlines getting attention: - DOJ Sues SpaceX - I keep telling you guys, the feds have Elon in their sights. The Justice Department[sued]( SpaceX, saying the company discriminated against asylees and refugees in hiring. “Through this lawsuit we will hold SpaceX accountable for its illegal employment practices and seek relief that allows asylees and refugees to fairly compete for job opportunities and contribute their talents to SpaceX’s workforce,” said Assistant Attorney General Kristen Clarke of the Justice Department’s Civil Rights Division. - Hugging Face Hits $4.5 Billion Valuation - The AI startup Hugging Face, which calls itself “GitHub for machine learning,”[picked up]( $235 million in a Series D fundraising round and now boasts a $4.5 billion valuation. Backers include Google, Amazon, Nvidia, Intel, AMD, Qualcomm, and IBM. - Disney Closes At 9 Year Low - Disney (DIS) was down by 3.9%, closing at a nine year low of $82.47 a share. The[decline]( in pay-TV subscribers and its failing studio business are among the top reasons why, as well as softening demand at theme parks. - Subway Has Been Sold - Quick trivia tip - the “fast food” chain with the most locations is not McDonald’s, as many think. It’s actually Subway, by quite a few thousand. So it may matter that Subway has been[sold]( to the private equity firm Roark Capital. This could get awkward - Roark Capital also owns Jimmy John’s. Don’t make me choose! - Dude, That’s Cold - Russian president Vladimir Putin[offered]( his condolences on the death of Yevgeny Prigozhin. “First of all, I want to express my sincere condolences to the families of all the victims, this is always a tragedy,” he said. He called the departed mercenary chief a “talented man, a talented businessman” but admitted he was a “man of difficult fate, and he made serious mistakes in life.” Who knows, maybe it really was an accidental crash…🤷. That’s it for today’s edition – again, hang on to your hats, folks! To YOUR success, [Image] [Facebook]( [Twitter]( [Instagram]( [LinkedIn]( RagingBull, LLC 62 Calef Hwy. #233, Lee, NH 03861 [Manage your email subscriptions.](   © Copyright 2022, RagingBull  DISCLAIMER: To more fully understand any Ragingbull.com, LLC ("RagingBull") subscription, website, application or other service ("Services"), please review our full disclaimer located at [(. FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. Any RagingBull Service offered is for educational and informational purposes only and should NOT be construed as a securities-related offer or solicitation, or be relied upon as personalized investment advice. RagingBull strongly recommends you consult a licensed or registered professional before making any investment decision. RESULTS PRESENTED NOT TYPICAL OR VERIFIED. 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