In September, about 3–4 FOMC members expected interest rates in 2026 to be around 3.6% or higher (meaning no rate cuts), but now that has risen to approximately 5–7 members, indicating a hawkish shift within the committee. This is a bearish factor that the market will view in the economic forecast summary document.
The medium term still remains bearish on the market. After a short-term rally, it is a good opportunity for me to look for appropriate medium-term short positions.
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Medium-term market outlook: bearish
Firstly, FOMC
In September, about 3–4 FOMC members expected interest rates in 2026 to be around 3.6% or higher (meaning no rate cuts), but now that has risen to approximately 5–7 members, indicating a hawkish shift within the committee. This is a bearish factor that the market will view in the economic forecast summary document.
The medium term still remains bearish on the market. After a short-term rally, it is a good opportunity for me to look for appropriate medium-term short positions.
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