Does the Fed even have the POWER to control inflation?
‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ In a broad sense, there's a spirit of pessimism again. I have been hammering again and again that the Fed is going to behave the way it thinks best, not the way many investors wish it will. Or more accurately, fantasize it will.
After all, Federal Reserve Chairman Jerome Powell has not exactly been coy about his intensions. He's been telling us - quite explicitly - that he will keep increasing interest rates until inflation is brought under control... and there's no guarantee that interest rate increases will be able to do that. There are some cracks emerging elsewhere in the economy. The housing market is absolutely reeling, one of the best kept secrets of what's happening right now. The increase in the cost of living and the fact that many young people can't afford to buy a house doesn't conceal the fact that housing prices are falling... And that's a problem because that's the way most people build wealth in this country.
Does that mean we should be pessimistic? Absolutely not. As Your Options Coach Chris Hood argues today, there are still big uptrends even in a falling market... And he identifies them for you today. And besides, if you read the charts right, tap every resource at your command, and occasionally go with your gut, you can still bring home the big gains in any market. Just look at what Bed Bath & Beyond (BBBY) did again yesterday... Keep Moving, Any strategy that makes you money consistently is worthwhile. Though many new traders believe that trading is primarily about indicators and tools, Chris maintains that it is at least 95% about emotional control. This is especially relevant in this bearish, choppy market which has made the trading world extremely difficult. Learn some pro tips to come back from your losses and stay in the game. [CLICK HERE TO WATCH]( WORD ON THE STREET BBBY Rises, Housing Prices Fall, The Fed's Fantasy Games - This Is Getting Ridiculous - While the market fell for a second straight day, one of the all-time great meme stocks turned in another breakout performance. Bed Bath & Beyond (BBBY) was up almost 25% during the trading day... with a "strategic update" due a little later this week from the company. - Paper Argues Fed CAN'T Control Inflation – Libertarian economist F.A. Hayek often warned about the "pretense of knowledge" when it came to policymakers trying to control economic policy. What could be worse? The pretense of power. A paper released at the Jackson Hole, Wyoming summit by Francesco Bianchi of Johns Hopkins University and Leonardo Melosi of the Chicago Federal Reserve argues that the "increase in inflation could not have been averted by simply tightening monetary policy." The paper warns that fiscal spending itself must be reduced... something not likely given the mood in Congress and the White House. You have no power here, Chairman Powell - Moody's Morose Over Housing Market – Mark Zandi of Moody's Analytics says a recession could reduce house prices by as much as 20% in many areas of the country next year. The danger is especially acute in "bubbly" areas that have been dramatically overdeveloped during the pandemic... most notably Orlando, Los Angeles, Seattle, and other trendy areas. Even Montana, he claims, is as much as 25% overvalued.
- Former Morgan Stanley Asia Chair Joins The Doomers - Stephen Roach, former chair of Morgan Stanley Asia, said that "we'll definitely have a recession as the lagged impacts of this major monetary tightening start to kick in." Comparing the current situation to the one faced by former Federal Reserve chair Paul Volcker, Roach said unemployment may need to rise to as high as 6% in order to control inflation. "3-Pillar" strategy spots a 108% surge in just 4 days... RapidFire is on fire — with new trades are on the verge of exploding soon! [Click here to learn more](. HOT SPOTS: What's Going on in Geopolitics - Ukrainian Counteroffensive Begins – It's been postponed and postponed, but a Ukrainian counteroffensive to retake territory around Kherson and elsewhere in the south has finally begun. There are reports of initial breakthroughs, but following weeks of "it's started, no wait it hasn't" type reporting, investors should follow any accounts with caution. Let's not fall for another "Ghost of Kyiv." - Russia Profits From Surging Oil Market – While the military situation may not have developed to President Vladimir Putin's expectations, he has to be smiling at what's happening in international trade. Increased prices are actually providing the Russian government with more cash than before the invasion, with the government reportedly making $97 billion from oil and gas sales through July.  - Iraqis Storm Presidential Palace - It's becoming something of an international tradition - form an outraged mob, storm the presidential palace, and then... go swimming. Just as protesters in Sri Lanka did not long ago, furious Iraqis stormed the "Green Zone" in Baghdad. They were reportedly animated by Iraqi Shia cleric Muqtada al-Sadr withdrawing from politics.  CUTTING EDGE: What[']( Happening In Tech - Justice Department Gearing Up For Antitrust Against Apple - Excited about Apple rolling out its new devices? Well, a word of caution before pouring your money into the stock. Politico reports that the Department of Justice is in the "early stages" of an antitrust lawsuit against Apple. The main focus is reported to be the company's dominance via its App Store - the subject of Epic Games's ongoing lawsuit against the company. - We Are NOT A Go For Launch – NASA scrubbed the Artemis I unmanned lunar rocket launch, saying there was an "engine bleed in engine #3." In other words, liquid hydrogen wasn't doing what it was supposed to while cycling through the engine. The next possible launch window is Friday, but this is always subject to weather conditions. - Musk Warns We're All Going To Die Again - Elon Musk is passionate about making humans a multiplanetary species. Many think this is an optimistic way to look at the world... but what if it comes from a place of deep pessimism? In a recent tweet, Musk posted an article from the BBC detailing how "mammals won the dinosaurs' world," posting the cryptic comment that, "This will happen again - just a matter of time." We need to get off this rock before we all die FOR YOUR CONSIDERATION "Energy prices, especially in Europe, have skyrocketed over the past few months due to the war between Russia and Ukraine. Though the US and Canada haven’t been hit the same way, the global economy is interconnected. And there doesn’t seem to be an easy way out of this predicament." markets are getting panicky again... but there's always a bull market somewhere. And you've got one of the best - if not the best - in the game to tell you where it is. Your Options Coach Chris Hood lays out where to find the growth even in a "declining" market. [THREE UPTRENDS IN A "FALLING" MARKET]( Enjoying Dawn Report? Learn something, made some money?
SHARE YOUR STORY WITH US OR TELL US HOW TO SERVE YOU BETTER.
Let us know at info@rogueinvesting.com You’re receiving this email because you're signed up for alerts from Dawn Report. Make sure to keep them coming by [whitelisting Rogue Investing](. Copyright © 2022 Rogue Investing. All Rights Reserved. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Rogue Investing.com and all individuals affiliated with this site assume no responsibilities for your trading and investment results. The indicators, strategies, columns, articles and all other features are for educational purposes only and should not be construed as investment advice. Information for any trading observations are obtained from sources believed to be reliable, but we do not warrant its completeness or accuracy, or warrant any results from the use of the information. Your use of the trading observations is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness of the information. You must assess the risk of any trade with your broker and make your own independent decisions regarding any securities mentioned herein. Affiliates of Rogue Investing.com may have a position or effect transactions in the securities described herein (or options thereon) and/or otherwise employ trading strategies that may be consistent or inconsistent with the provided strategies. HIGH RISK WARNING Trading foreign exchange, stocks, options, or futures on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to trade, you should carefully consider your objectives, financial situation, needs and level of experience. RogueInvesting.com provides general advice that does not take into account your objectives, financial situation or needs. The content of this website must not be construed as personal advice. The possibility exists that you could sustain a loss in excess of your deposited funds and therefore, you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with trading on margin.You should seek advice from an independent financial advisor. Past performance is not necessarily indicative of future success. Sent to: {EMAIL} [Unsubscribe]( Rogue Investing, 721 Court St., Unit #1, Lynchburg, VA 24504, United States