Nov. 30, 2021

Inflation Here To Stay?

This weekend we discussed the possibility of Fed Chair Jerome Powell doing a 180 in today's testimony before the Senate Committee on Banking, Housing, and Urban Affairs.
Well, his performance so far has exceeded our wildest expectations: Powell has done ...


This weekend we discussed the possibility of Fed Chair Jerome Powell doing a 180 in today's testimony before the Senate Committee on Banking, Housing, and Urban Affairs.

Well, his performance so far has exceeded our wildest expectations: Powell has done not just one “180” but a series. A whole pirouette, if you will.