Hello fellow rebel capitals hope you're well so big day today Jerome Powell comes out and

announces the Fed interest rate decision probably more importantly gives us his comments is going to be

dovish it's going to be hawkish I can tell you one thing the markets are moving big time not just the

stock market but the oil market, Bitcoin, I'm sure gold, I've

even looked at that, but I'm sure that's moving, the Treasury market moving.

So let's get into the rate decision and go over kind of some of the minutia with what he has said and let's go

over to the CNBC home page and see what can kind of the conclusions we can come to

based on which way the markets are moving. First and foremost, Dow jumps 500

points as Powell says the Fed's next move is unlikely to be a hike. So

spoiler they came out they did not move rates they kept them the same but

I think the market's interpreting his comments overall is being rather dovish because like they're saying here in the title he said specifically that it is unlikely for the next move for the Federal Reserve to be a hike, which I don't know that it's that

dovish because, I mean leading up to this dropping rates, lowering interest rates this year.

So to go from lowering to unlikely to hike,

I don't know that that's dovish,

but again, that's kind of the way the market so far is interpreting it and the market

still is not closed got a half hour left or so the central bank opted to hold rates steady citing a lack of further progress in bringing

inflation back down toward its 2% goal, which we just talked about, Lynette Zang, is completely ridiculous.

They try to make you believe that it's some important number that they've thought through

and their algorithms, these complex algorithms, have decided that this is economic

nirvana 2% when in reality it's just something and they kind of pulled out of

their their rear ends.

Getting back to this, however, stock prices rallied and that's why I'm assuming they're kind of taking this as dovish and you saw bond prices go higher, yields drop on the 10-year Treasury, but that might have something

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