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 says the economy is great, but they will maintain the emergency policies they put in place when the economy was terrible. Fed will always
China won’t let Evergrande be the next Lehman Brothers. Fed took us 1 step forward and 100 steps back. Higher retail sales doesn’t mean consumers
Take the CPI numbers with a grain of salt. The CPI will catch up to the PPI. Fed’s new definition of transitory means a permanent
Jack Dorsey’s Square acquires Afterpay in largest corporate takeover in Australian history. Activision discriminates against Republicans, not women. Black Women’s Equal Pay Day is based
Inflation creating illusion of economic growth. Oil prices go up, but energy stocks get beat up. Fed won’t wage a war on inflation, never mind
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
Bitcoin gets skipped over in investors’ rush to safe havens. Gold mining stocks have never been a better deal. Fiscal stimulus without monetary stimulus is
The power to inflate is the power to destroy. Fed ensures most Americans are living on the edge. Quantitative Easing is just another word for
Market rallying on hope and hype. Trump’s odds of winning re-election continues decreasing. Chinese trade deals unwind. Stimulus more dangerous than virus. Everything that can