‘Terrible Communicator’ Powell Inexplicably Coy On Funding Squeeze As Trump Laments Another Fed ‘Fail’
“No ‘guts’, no sense, no vision!”
“No ‘guts’, no sense, no vision!”
Don’t forget the nuance, though.
Yet another blow to the MAGA “miracle” narrative.
Dream, meet reality.
The president also believes there may be a conspiracy afoot.
Is good news “bad” news this time?
“It’s unbelievable the sort of twilight zone that we’re living in”.
“And that’s very complex by the way.”
“I didn’t ever threaten to demote him”.
Now this is a bold call.
“The government debt and deficits scolds are just plain wrong, in our view.”
“Maybe it will be different this time……not likely.”
Just kidding! Here’s the clip.
“Suddenly we end up with President Bernie Sanders, Vice President AOC, and they appoint Professor Stephanie Kelton as the new Federal Reserve Chairman.”
There’s good news and bad news. Which do you want first?
“Bulgakov’s cat, Behemoth, played chess and took trams.”
What else can be said about the Fed’s “epochal”/ “epic”/ “dramatic” dovish pivot ?
What could go wrong?
“The recession is coming, the recession is coming!â€
“Already in the bag”?
Being Jerome Powell is a pretty thankless job.Â
“I’m off – leaving this port for another destination with high hopes, sunny skies and smooth seas!”
Spoiler alert: Howard doesn’t care what Trump tweets.
Now if only Trump would let the government open…
Frantic rallies, tactical bounces and out of stock emergency hedges.
… I suppose the whole thing rests on who you want to fade.
And now, more broken markets.
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