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.
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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.
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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
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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
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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
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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
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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
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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
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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
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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
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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
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