Amazon and Apple closed the book on mega-cap tech earnings Thursday, as US equities looked to ride a rollicking post-FOMC rally to a second consecutive
Day: July 28, 2022
Jokes On Jay
The Fed is subject to a lot of bad jokes in 2022. Some are literal jokes — unimaginative “transitory” quips and associated jeering, which unfortunately
Biden ‘Not Surprised’ Fed Kneecapped ‘Historic’ Economic Boom
Joe Biden subtly blamed Jerome Powell for the recession both men claim the US isn’t in. “It’s no surprise that the economy is slowing down
Don’t Call It A Recession
It’s not a recession. It can’t be. The labor market is too strong. The midterms are too close. And the Fed still needs to squeeze
Price Discovery. Via Tasseography
Real-time Fed tasseography is a very difficult undertaking. Almost as a rule, asset prices aren’t very good at it. Market participants tend to hear what
