Here Are The Remaining Risks And Here’s What Jerome Powell Can Do In A Crisis

Here Are The Remaining Risks And Here’s What Jerome Powell Can Do In A Crisis

Needless to say, it's probably prudent to reserve judgement on whether we're out of the proverbial woods until we get a day that doesn't see the type of manic price action witnessed on Wall Street Tuesday. I'm not entirely sure swinging from 500+ points down to 560+ points higher on the Dow is indicative of things "calming down" per se. Additionally, something seems to have been a bit off with the VIX around the open, just after it spiked to 50 for the first time since 2015. In the same vein,
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3 thoughts on “Here Are The Remaining Risks And Here’s What Jerome Powell Can Do In A Crisis

  1. Jerome is sitting right in the middle of a pile of dogsh*t, and he knows it. Janet was pretty funny on her way out saying how sorry she was to be leaving and how much she wanted to stay. Yea, right, she was seen giggling uncontrollably as her car sped away high five-ing the driver.

  2. “If, on the other hand, the Fed (for instance) were to stick with a gradualistic approach to hiking in the interest of not risking a policy mistake (like say bear flattening us into a fucking recession), they risk seeing the curve aggressively bear steepen on them as the market prices in not only rising inflation pressures but also expansionary fiscal policy and the prospect of more supply from Treasury at time of waning foreign demand and Fed balance sheet rundown.”

    This. Never forget the f-ing trillion dollars in treasury bonds that have to be sold this fiscal year. It is not like the Fed can embark on Operation Twist Part Duex while simultaneously pretending to control inflation. The fiscal stimulus is pouring gas on a dumpster fire.

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