🔎 𝐖𝐡𝐚𝐭 𝐂𝐚𝐮𝐬𝐞𝐝 𝐓𝐡𝐞 𝐃𝐢𝐩 𝐘𝐞𝐬𝐭𝐞𝐫𝐝𝐚𝐲 ❓

Hey guys I wanted to share with you what caused the down turn yesterday considering it appeared everything was travelling along ok to begin with.

🗞 Essentially some FED members spoke and considering we are getting the March minutes this week it made the market a little nervous what they said.

🗞 It wasn't just what they said, but it was who said it. It was Lael Brainard and Mary Daly who spoke, both are usually very supportive of low rates, etc. what we would call very dovish rather than hawkish on the market.

🗞 They said it is of utmost importance that the FED raise rates and squash inflation.

❓ WHAT DOES THIS MEAN

1. Firstly, it caught the market by surprise that they said this. Anytime the market is surprised it usually means a sell off (unless it is a good surprise lol) and often times a knee jerk response.
2. While raising rates means that it is harder and more expensive for businesses to borrow money. The positive is the down turn in inflation means that the businesses money is worth more in the future.
3. This is why it is so important that you are diversified in your investments. And remember that the companies fundamentals remain the same 😀.

I don't want to make you nervous, I just want you to be informed and know why the market is moving the way it is.

If you want to add some diversification to your portfolio, you may consider adding our portfolio to yours by copying. I recommend copying open trades.

If you have any questions or thoughts, please feel free to comment below or send me a message.

Let's have a great day 😀,
Nate

Source from : https://etoro.tw/3ucMA99
Inage source : google image