Already have an account? log in
This article is FREE for you
Create a free account and join institutional investors, analysts and strategists from the world's largest banks
By submitting your email address you agree to receive communication by email
Shades Of 2016
You know, it's funny. Back on January 4, when Jerome Powell finally "figured it out" (no doubt with
OR, subscribe now for unlimited access
By submitting your email address you agree to receive communication by email
By submitting your email address you agree to receive communication by email
while its nice the Fed pre-eased, before the next govt shutdown that is 2 weeks before debt ceiling is ‘re-limited’…but Im sure munchkin has already told djt either ‘deficits dont matter’ and/or ‘we can stretch it out a few months’. also there was something about tarriffs getting put into place (perhaps explaining pmi bumps in dec).
maybe im not dwelling enough on the great january, but to me in a handful of days we can revert back to december with a healthy side of ‘additional pressing issues’….and for dessert 4% eps growth with zero growth voer the next several months.
all this really means is the fed will ease further and everytime the fed goes from raising to pausing to easiing…the markets do well, right?