Dec. 1, 2021

Powell Does A ”180.”

Powell Does A ”180.”

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.