The Fed continues its shock-and-awe campaign against inflation. And its weapon of mass destruction is rising interest rates.

Earlier this week, Federal Reserve Chairman Jerome Powell held a two-day confab on Capitol Hill. During his testimony, he told lawmakers inflation is a persistent problem for the U.S. economy.

His weapon of choice: rising interest rates. Here’s the key line from Powell’s testimony:

The latest economic data has come in stronger than expected, which suggests that the ultimate level of interest rates is likely to be higher than previously anticipated. If the totality of the data were to indicate that faster tightening is warranted, we would be prepared to increase the pace of rate hikes.

Rising rates are a blunt-force instrument. They rein in inflation… But they also cause major shockwaves across markets.

Since his testimony on March 7-8, the broad stock market is down 3.9%… and bitcoin is down 11%.

It seems like there’s nowhere to hide. But there’s a strategy anyone can use to profit from these shockwaves: options.

Longtime PBRG friend Larry Benedict was one of the “wizards” featured in the 2012 book on the world’s best hedge fund managers, Hedge Fund Market Wizards.

That’s because Larry had one of the world’s longest winning streaks as a trader. He didn’t have a single losing year between 1990 and 2010.

Last month, he issued 13 options trades at S&P Trader. He closed out 11 of those for returns of 100% or higher… all in just one week.

Larry recently held a special briefing called the Shockwave Summit. During the event, he explained what the shockwave is… why it’s great news for traders… and his top ticker to play it.

For a limited time, you can watch the replay of Larry’s Shockwave Summit for free. Just click here. If you’re looking for a way to trade this volatility, it’s a must-see.


We’re on the Verge of a “Made in America” Renaissance
Investing in the “Made in America” trend is one of the best ways to preserve and grow your wealth in today’s economy.


The Most Important Number You MUST Pay Attention To
When it comes to U.S. stocks, there are only a few strategies currently worth pursuing.


The Best Way to Trade in a Volatile Market
This concept is so important right now because I expect markets to stay choppy throughout 2023.


What This Tragedy at Sea Means for U.S. Supply Chains
I understand this is an extreme case… But it highlights just how severely the pandemic paralyzed global supply chains.


Being the Voice in the Room for Everyday Investors
It pays to have a voice in the shareholder meetings that’ll ensure you get your fair share…



Chaka Ferguson
Editorial Director, Palm Beach Daily