[the financial media (corporate and alternative) is once again engaged in its favorite tea-leaf reading exercise: parsing what Jay Powell’s words “really mean”.]
That right there tells you everything you need to know:
Our entire economic existence is built on a base of bullshit.
We take for granted that a man in his position will never tell the truth.
And we'd be right to think that.
Personally, I can't think of a less interesting, less useful topic than what this man really thinks, or what he "really means."
Thank you. The cognitive dissonance is widening, I know many claim the market is manipulated and on the surface of stock and bond movements it sure doesn't seem to reflect the reality I see at the grocery and department store - which is why your articles are so important. I feel like I'm waiting for the floor to suddenly open up underneath me, like one of those amusement park rides.
[the financial media (corporate and alternative) is once again engaged in its favorite tea-leaf reading exercise: parsing what Jay Powell’s words “really mean”.]
That right there tells you everything you need to know:
Our entire economic existence is built on a base of bullshit.
We take for granted that a man in his position will never tell the truth.
And we'd be right to think that.
Personally, I can't think of a less interesting, less useful topic than what this man really thinks, or what he "really means."
"what does the Federal Reserve gain by further rate hikes?"
Room act like it's doing something by lowering them again when the markets finally crash.
Thank you. The cognitive dissonance is widening, I know many claim the market is manipulated and on the surface of stock and bond movements it sure doesn't seem to reflect the reality I see at the grocery and department store - which is why your articles are so important. I feel like I'm waiting for the floor to suddenly open up underneath me, like one of those amusement park rides.