The Market's Nuts Are In The Fed's Vice Grip

It finally is starting to feel like there are some cracks underneath the market as we head into the fall. With the Fed coming out this past week and all but ensuring they are going to keep the vice grip tight on the market’s nuts by keeping rates “higher for longer” — and with consumer savings depleted, debt rising and liquidity drying up — it is all but certain that the market is going to eventually have to give.

The cracks in the market started to show up literally one day after I wrote this piece about potentially capitulating. My subscriber comments to this piece were my favorite of all of my recent articles: Sick Thoughts Of Capitulating

From the point the market cracks, the Fed will then start to ease once again (too late) and several assets I’ve written about could wind up moving higher. I detail my favorite asset for a Fed cut here: Fed Rate Cuts Should Scare The Shit Out Of You

For the duration of this weekend I’m offering a 70% discount to all of my annual plans, making a paid subscription — which supports my writing — 79% cheaper than subscribing monthly: Get 70% off forever

As for the overall market, all of a sudden, technicals look…less than favorable:

the markets nuts are in the feds vice grip

And here’s my latest from the blog:

And Fringe Finance archive access:

 

the markets nuts are in the feds vice grip

QTR’s Disclaimer: I am an idiot and often get things wrong and lose money. I may own or transact in any names mentioned in this piece at any time without warning. This is not a recommendation to buy or sell any stocks or securities, just my opinions. I often lose money on positions I trade/invest in. I may add any name mentioned in this article and sell any name mentioned in this piece at any time, without further warning. None of this is a solicitation to buy or sell securities. These positions can change immediately as soon as I publish this, with or without notice. You are on your own. Do not make decisions based on my blog. I exist on the fringe. The publisher does not guarantee the accuracy or completeness of the information provided in this page. These are not the opinions of any of my employers, partners, or associates. I did my best to be honest about my disclosures but can’t guarantee I am right; I write these posts after a couple beers sometimes. Also, I just straight up get shit wrong a lot. I mention it twice because it’s that important.

Authored by Quoth The Raven via ZeroHedge September 23rd 2023