Powell Gets Democrats’ Memo to Redefine Recession – Ep 829
· Fed meets market expectations with 75 basis point rate hike. · Jerome Powell sidesteps recession questions. · Walmart confirms consumer weakness. · Gold may
· Fed meets market expectations with 75 basis point rate hike. · Jerome Powell sidesteps recession questions. · Walmart confirms consumer weakness. · Gold may
· More downside to go as investors panic buy stocks. · Robinhood will ultimately go bankrupt. · Jerome Powell gets reappointed as Fed chair. ·
· Gold and silver remain strong while gold and silver miners continue caving. · Lisa Cook was not the most qualified person for the FOMC.
· Investors resorted to indiscriminate selling amidst today’s carnage. · The Fed can’t do the impossible. · Housing foreclosures will go through the roof. ·
· Stock market gets clobbered. · Crypto market gets clobbered. · Markets still closer to the top than the bottom. · Productivity sees biggest drop
· Fed raises benchmark interest rates higher than it has in 20 years. · Lyft stock hits 52 week low. · Jerome Powell admires Paul
· Jerome Powell triggers market selloff after IMF roundtable comments. · Higher inflation is lowering the minimum wage’s barrier of entry. · Bill Ackman loses
Elizabeth Warren blames covid and corporations for problems caused by Congress. Bond market thinks the recession will cure inflation; it won’t. Congressional staffers get a
Jerome Powell surprises no one in FOMC meeting. Tesla is not Microsoft. Hedge fund sharks will smell blood on Cathie Wood. Bullish gold news ignored
Official CPI is at its worst in 39 years. Real CPI is at its worst in history. Investors beginning to realize that the Fed is