Jerome Powell Takes A ‘First, Do No Harm’ Approach In Prepared Remarks To Congress
Careful! Don’t break anything.
Careful! Don’t break anything.
“His body was mutilated by the blast. The tunnel had caved in on it in addition”.
“Not only are the non-centrists shaping the narratives, but their proponents are the main contestants”.
You’d be forgiven for asking how this doesn’t constitute a complete and total win for Erdogan.
An American “betrayal” leads to chaos.
“I spoke with the president last night”…
“These families became members of a club that no one wants to join”.
“QE-Infinity” is real – with a caveat.
“Maximum pressure” still isn’t working.
“Here we are now, with all of this ‘crash’ now increasingly likely to ‘bleed out'”.
“What do you guys think about that”?
“This is how crazy the world has become”.
“Proud Warriors!”, “CHEATERS” and other shenanigans.
“We have patrol aircraft operating in international airspace monitoring the situation”.
The same worry, but now it’s more acute.
“Happy 4th. Enjoy the fireworks.”
“The supreme leader of Iran is the one who ultimately is responsible”.
“China will act rationally in the interests of the Chinese people, the American people, and all other peoples around the world.”
Semis are now synonymous with the overarching macro narrative.
As usual, the market will be forced to deliver the bad news.
So, fear the “rogue” inflation upside surprise, one supposes.
Around the world and back again.
“What if markets do not understand how policymakers will respond?”
“The government debt and deficits scolds are just plain wrong, in our view.”
“If in the coming years politicians adopt MMT policies, your outrage will do your portfolio little good.”
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