Sycophants And Party Stories

Read more from The Macro Tourist I have long argued that Trump didn’t realize what he was doing when he appointed Jay Powell to lead the Federal Reserve. Trump was not aware of Powell’s belief that the cost of a bursting of a financial asset bubble far outweighed its benefits and that the proper course of action was to never let one be inflated in the first place. Well, I should say that used to be Powell’s belief because Trump beat that out of him. Powell no longer want

Join institutional investors, analysts and strategists from the world's largest banks: Subscribe today

View subscription options

Already have an account? log in

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.