No Pivot: Powell Put Expires – Ep 772
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
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
Chinese imports have kept a lid on goods prices, but not services. Dollar will decline when foreign investors no longer want US stocks. We now
Elizabeth Warren blames inflation on greedy business owners. Producers aren’t price gouging. They’re being gouged. Fed should stop QE now, not just taper it. Retail
October and November see biggest back to back CPI increase of the year. 2021 inflation was worse than any year in the 1970s. Rigged CPI
Nasdaq suffers worst start to December in 20 years. Stay-at-home darling stocks crash with no bottom in sight. Covid is the gift that keeps on
Dow down over 1300 points in 2 days over Omicron variant concerns. Bubble market found its pin. Powell is essentially a member of the Biden
2021 marks the most expensive Thanksgiving dinner ever. Oil companies can’t pump oil as fast as the Fed can print money. Pilgrims set sail for
Biden reappoints Powel as Fed Chairman and promotes Brainard to Vice Chair. Gold sells off and dollar rises on Fed news. Investors worried about inflation
Socialists are the only ones who believe Biden’s bill will Build Back Better. Democrats accidentally admit that inflation is caused by expanding deficit and money