Andrei Jikh, relaying another source: Fed policy rate will rise

Said on Feb 17, 2023, at 5:04 in the video.

What was said
Andrei Jikh

@andreijikh

“right now it shows there's an 87.8 percent chance that the next raid hike which will happen on March 22nd that it will go up between 0.25 and half a percent so the new Range will fall between 4.75 and 5”
Watch at 5:04Why The Stock Market Just Flipped
PredictionFed policy ratewill rise
What happened
Relayed

Somebody else's forecast — not scored

The window it was checked over

Fed policy rateWindow checkedRecession (NBER)
−2%0%2%4%6%202020202021202220232024Said on Feb 17, 2023
−2%0%2%4%6%2020202120232024Said on Feb 17, 2023

Federal funds target range, upper limit: Federal Reserve Board via FRED, figures as first published. The shaded span is the window the call was checked over; grey bands are recessions.

Result at every window

All windows are shown, so none is picked

Somebody else's forecast — not scored

What was said around it

Papa pal comes in he's like a wizard probably a Hufflepuff I think he tells the truth and I like him but he has two main spells up his sleeve and spell number one is that he makes you believe that interest rates are going to go up and they're going to stay there for a very long time it's more of a illusion charm and then spell number two is to actually increase the interest rates now according to the CME fed watch tool which so far has been incredibly reliable at predicting future rate increases right now it shows there's an 87.8 percent chance that the next raid hike which will happen on March 22nd that it will go up between 0.25 and half a percent so the new Range will fall between 4.75 and 5 so that's the boring data stuff with interest rates and employment now let me just tie it all together and show you what's happening to the market for buyers and investors so here's what's crazy the S P 500 Index which is what everyone refers to as the stock market is up nine percent year-to-date which is insane because we're just two and a half months into the year and that's a Year's worth of gains baked into the market but what's really going to blow your mind is that it's the riskier stocks

What a person said is shown in their own words and is never translated. The link goes to the exact second in the video.

See all