Welcome to the WSO weekly wrap-up, where I talk with my team about the five most

trending discussions in the Wall Street Oasis community. Enjoy.

All right, everybody. Welcome to another episode of the weekly wrap-up. It is, what day is it

today, guys? Thursday, Thursday, March 23rd. Matt's going to kick

us off with the first topic. Perfect. All right, guys, glad to be back here. I think first

topic we should discuss is from last week, we were trying to anticipate what J-Powell was going to do

with the FOMC this week. So yesterday. And it looks like we were right.

So it's a 25% basis point hike that was announced with possibly a future hike coming

in, I believe, June is the next FOMC meeting. And so we suggested it was going to be a 25

basis point hike. And I know myself, I was suggesting maybe a pause then.

So it looks like we were at least half right.

Pat, any thoughts on the current state of the markets?

You know, anything from what Powell mentioned.

What's your feedback on that?

Yeah, I think it's just a very strange time because you have like such mixed signals coming in from everywhere.

You have strong labor market.

You got inflation that doesn't really seem to be cooling as fast as we would hope.

So there's kind of like that pressure.

And then, of course, all the bank failures and all the stress there is kind of the

counteracting data, which is obviously putting the Fed in even a tougher position.

So I think that's probably why we got the 25 beeps and not the zero because of the hot readings.

Yeah.

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