jerome powell Markets steve mnuchin Uncategorized

‘I Never Suggested Firing Powell’: As Mnuchin Pulls Damage Control Duty, Some Thoughts And Charts

"I totally disagree with Fed policy."

"I totally disagree with Fed policy."
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4 comments on “‘I Never Suggested Firing Powell’: As Mnuchin Pulls Damage Control Duty, Some Thoughts And Charts

  1. Ordinarily this chaos could not possibly worsen. But…we have Trump.

  2. I think he just has self destructive tendencies.

    No one in their right mind would focus on the markets than go ahead with the things he has done.

    You are right if Trump would have been silent the Fed probably would have paused. They are not total fools, a crash does not do much good for the mandates.

    • Can’t help but wonder if the purging of zombie companies and the reversion to the mean in healthy company valuations that will be a result of this crash won’t ultimately be the beginning of a healthier market that once again will find more accurate price discovery. Fed realizing the error of its QE overshoot?

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