When it comes to macros economics, most people think they can understand it, but in reality no one does. The shadow banking is a mess and the Eurodollars cannot be measured or quantified. When major problem arise things go bad, and like it or not the US Dollar becomes the safe heaven like we have seen in 2021-2022. The US Dollar is the blood on which the world financial institutions work and will work for while longer. Attempts to change it will take time and will only work when the large majority get on board with it. Philosophical and theoretical models are not representative of the reality and no one can truly understand the reality of the shadow banking system.
The Fed is powerless and can only “convince” people with its narrative. The financials conditions are set by the banking system. They take people for idiot by pretending they are in control and rate decisions is the magic tool that save the day.
For these reasons and more, it is useless to try to understand it or figure out macro economics as in investment thesis or method. Financial Markets are completely disconnected from macro indicators.
It’s all about perception. Markets moving to any interpretations of words or rate decisions of the Fed is just speculation, and is a testament on how lunatic things have become in heard drinking koolaid narrative of the most dangerous wizard of Oz of these times. As Jeff Snyder mentions in his videos the Fed do not set the Financial conditions the banking system does.
The Quantific Investing Report is based on price movement and Technical Analysis, because at the end of the day macro do not matter to make money. Only price pays.