fed fomc jerome powell

Trader: Powell Has A Plan. There’s Just One Problem…

"Powell has got a plan, and his sticking to it so vehemently will ultimately be a mistake. "

"Powell has got a plan, and his sticking to it so vehemently will ultimately be a mistake. "
This content has been archived. Log in or Subscribe for full access to thousands of archived articles.

1 comment on “Trader: Powell Has A Plan. There’s Just One Problem…

  1. Anonymous

    It is substantially more risky and disordered than this article, full of invalid analogies purports. First compare the magnitude and impact of derivatives in 1973 and today. Further, the eurodollar system has grown in structure and importance far beyond the comprehension and ability to model that Keynsians posses. Only someone with deep intuition and a feel for complex systems stands a chance of pulling of the required multidimensional strategy to achieve the Fed dual mandate. That is with a political context of forces feeling the need to eliminate the FED. When things get chaotic the finger will be pointed straight at Powell but remedies will be elusive. This unhealthy set of affairs will lead to other dislocations in the global economy. If you really think that hikes and linear balance sheet runoff address optimization in today’s world with an unmeasurable eurodollar system, you are dreaming. But Trump and a lot of traditional rhetoric seem to be….a bad dream.

Speak On It

Skip to toolbar