The Hawks were out this week, trying to walk-back the “data dependent” pivot from Chairman Powell last week. With a technical recession now booked in the rear view mirror (2 quarters of negative GDP growth in 1H), DON’T BUY IT! Last week’s move by the Fed could potentially be the last move in this tightening … Continue reading The “Jawboning” Stock Market (and Sentiment Results)…
Copy and paste this URL into your WordPress site to embed
The “Jawboning” Stock Market (and Sentiment Results)…
The Hawks were out this week, trying to walk-back the “data dependent” pivot from Chairman Powell last week. With a technical recession now booked in the rear view mirror (2 quarters of negative GDP growth in 1H), DON’T BUY IT! Last week’s move by the Fed could potentially be the last move in this tightening … Continue reading The “Jawboning” Stock Market (and Sentiment Results)…