Powell Still Hopes to Do the Impossible – Ep 842
· Jerome Powell delivers exactly what the market expects. · State governments’ cash will be depleted. · Ethereum traders bought the rumor and sold the
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· Jerome Powell delivers exactly what the market expects. · State governments’ cash will be depleted. · Ethereum traders bought the rumor and sold the
Podcast: Download
Jobs numbers disappoint expectations, but Biden brags. Inflation expectations highest since just before 2008 financial crisis. AOC pressures Biden to nominate a more woke Fed
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Powell offers no clues on taper timetable. Powell vows to keep interest rates low until QE is finished. Powel blames price increases on exploding demand
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Fed will talk about tapering until it can use Delta as an excuse not to. Bitcoin is irrelevant to monetary policy. Accepting Bitcoin for mortgage
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Markets spooked by CNBC interview with Boston Fed President. Higher inflation leads to more poverty and a wider wealth gap. Food stamps are really money
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Dollar falls towards new lows. Inflation fears become more widespread. Wall Street beginning to realize there’s no political solution to inflation. Bitcoin following risk stocks lower,
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Oil prices pump. Bitcoin prices dump. Gold prices shine. US leads world in over-valued momentum stocks. Tucker Carlson talks inflation. Windows look like nails to
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CPI numbers shock expectations. Biggest monthly gain in CPI since 1981. Gasoline supply chain disrupted by ransomware hack. Price gouging alleviates shortages. Unemployed workers shouldn’t
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Huge misses in jobs numbers. Biden’s Blue-Collar Blueprint to build back better will be another big bureaucratic blunder. Jobs report is more evidence the Fed’s
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Inflation concerns increase along with commodity prices. Trade deficit will fuel inflationary spiral. Government reclassifying our rights as privileges so they can take them away.
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