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What Will the Fed Do? (Market Update from Charles Green)

Hey friend,

Charles Green here, Senior Market Analyst here at Traders Agency.

Here’s today Market Pulse 360.

Market Pulse 360 for March 14, 2023

The Fed meets on Wednesday of this week, and his rate decision will be released at 2:00 PM ET. This meeting will be PIVOTAL with all that has happened in the past two weeks – the CPI number showing further decrease after a small uptick last month, cooling employment numbers, and a banking scare with three government takeovers. All of these factors are deflationary.

There is now much less pressure for the Fed to continue to raise interest rates, and a pause is coming sooner, rather than later. In the FOMC meeting this Wednesday, he is likely to announce a 0.25% rate increase and signal that he is “data dependent,” which, given recent events, means he will like to pause soon.

Hence, we have the best fundamental and technical set up in decades. The economy is still strong, and there is little possibility of a recession. This is NOT March 2020 when the economy came to a halt due to Covid, or 2009, when the economy crashed due to high unemployment during the Financial Crisis. We are in good shape.

Patience will be rewarded this year, sooner rather than later. Short-term volatility will continue until there is more confidence in the banking system and the Fed is likely to calm fears about this on Wednesday during the FOMC meeting. Time is on your side.

Recommended Strategy

FIRE Trader – Markets are opening strong as they anticipate a more dovish Fed. This could create numerous FIRE pattern setups that you can use to book fast gains.

A Bit More About Me

My specialty is understanding financial markets and the drivers that influence longer-term direction. I’ve been an active trader focusing primarily on stocks for over 20 years.

I’ve also:

  • Been an adjunct finance professor for nearly 20 years
  • Worked as a financial consultant with Merrill Lynch managing millions of dollars 
  • Earned a Master of Science Degree in International Business and Finance from Georgetown University and a Bachelor in Arts Degree in International Studies from George Mason University.
  • Spent 14 years as a Marine (I enlisted at age 17) traveling all around the world

My education, work and life experience gives me a broad view of the world, financial markets, and life in general that informs my trading and investment decisions. 

My passion is helping others to take advantage of the best market opportunities to achieve their financial goals.  

This gives me the greatest satisfaction, and it’s the reason why I continue to teach in the classroom and outside of it today with every activity in which I engage. I believe that I succeed only if clients succeed.  

I am a very unlikely success story. And this is only because I believe that anything is possible with the right knowledge, focus, and winning mentality! When you have that, success is just a matter of time.  

Charles Green

Senior Market Analyst, Traders Agency

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