Powell Sings a Different Tune – Ep 736
Political theater plays out over the debt ceiling. US was biggest gainer from low interest rates, but will be biggest losers when rates are high.
Political theater plays out over the debt ceiling. US was biggest gainer from low interest rates, but will be biggest losers when rates are high.
Fed has become an arm of the US Treasury. Powell admits inflation problem is bigger and worse than he predicted. Investors rush back into energy
Less dovish is not hawkish. Mother of all bear markets in bonds may have just begun. Republicans only care about deficits and spending when Democrats
Fed says the economy is great, but they will maintain the emergency policies they put in place when the economy was terrible. Fed will always
Trade deficit isn’t a problem until it’s a crisis. Home sales fall while home prices rise. Rent prices increased 25% year over year. Fed’s only
Trade data uncovers what the CPI was hiding. Fed acknowledges the obvious; inflation is higher than 2%. Fed gives no indication of taper plans. Jerome
Economic data disappoints. Sean Hannity to Tucker Carlson: Peter Schiff was right! Paul Tudor Jones going all in on inflation trade. Bitcoin moves again on
Fed leaves interest rates unchanged. More stimulus checks and PPP on the way. State governments owe business owners compensation. Big move in silver and bigger
US dollar begins it’s decline. Financial news ignoring the biggest financial story out there. Intel and Tesla move into bear markets. Gold up 50% over
Investor money still piling into at-home stocks. The world is going back to a gold standard whether the Fed wants one or not. Massive moves