Jones Strategist: What Exactly Did Powell Say?
In the end O'Rourke says Powell's vague language breeds uncertainty around inflation, which he argues is "a phenomenon well beyond his control."
Recent
Bridgewater Sees ‘Much Bigger’ Drop in Stocks Before Fed Blinks
The decline over the past few weeks has been “mostly healthy” because it has “deflated some of the bubbles,” such as cryptocurrencies.
Goldman’s No. 2 Takes Rare Swing at Fed’s Autonomy and Resolve
A top U.S. banking leader delivered an unusually brusque critique of the central bank. Fed has been damaged it’s lost credibility.
Powell's Hawkish Shock
Such shifts signal that bonds are pricing in a potentially more aggressive tightening, enough to risk a rapid slowdown in the broader economy.
Dalio Says U.S. in Decline as China Rises, Warns of Election Risk
Ray Dalio said there’s a “reasonable chance” neither major U.S. political party will accept the results of the 2024 election.
Goldman Sees Risk Fed Will Tighten More Than Forecast
The Goldman Sachs economists led by Jan Hatzius said, they currently expect rates to be increased in March, June, September and December.
Stock Market Could Drop Another 10% Soon: Top Strategist
The biggest bear on Wall Street says the market is likely next to feel fresh pressure from slowing economic and corporate profit growth.
