Jerome ‘Dead Eye’ Powell
One of the most disturbing scenes in the series Breaking Bad was when Todd shoots and kills a boy on a dirt bike after he witnessed Heisenberg, Jesse and Todd…
One of the most disturbing scenes in the series Breaking Bad was when Todd shoots and kills a boy on a dirt bike after he witnessed Heisenberg, Jesse and Todd…
I really do think we are onto something here. The dead-eyed (that's a compliment) chief of the Fed just looked the market - and the president - in the eye…
Below are the Opening Notes and Bond Market segments from last Sunday's edition of Notes From the Rabbit Hole, NFTRH 530. Jerome Powell was actually more firm than I expected.…
[edit] A solid showing from Mr. Powell. Not to be bullied by the Twitter-holic-in-chief, the Fed stays the course and adjusts language slightly but shows strength and independence in the…
5+ hours until the next rate hike. According to the futures wise guys @ CME Group the Fed will be boosting by another .25% today. My large SHV position thanks…
Some messages from bonds this week, and mercifully no mention of the Amigos even though 2 of them are implied below. :-) 2s and 10s are accelerating the uptrend and…
Information received since the Federal Open Market Committee met in July indicates that the labor market has continued to strengthen and that economic activity has been rising moderately so far…
So these people are sitting around this table today. This is so important that the CME Group keeps a countdown going by which we can wait with baited breath. They…
A few items jumping out at me, post-Fed. HUI is moving to its next resistance parameter, which is the declining SMA 200. That was a very valid bounce target. If…
Well, the Fed's rate hike was all but a given until this morning's data dump, tamping down inflation expectations even further. CPI continues to wane and Retail sales are the…
Information received since the Federal Open Market Committee met in March indicates that the labor market has continued to strengthen even as growth in economic activity slowed. Job gains were…
The FOMC sat on its hands to no one's surprise but the bit that I guess is supposed to get people on tenterhooks is this... Against this backdrop, the Committee…
Not enough inflation. That's what the Fed is saying yet again. FOMC Statement "Inflation has continued to run below the Committee's 2 percent longer-run objective, partly reflecting earlier declines in…
Approximately 15 seconds after FOMC whispered its latest sweet nothings to the asset markets it is propping, I posted the statement at Biiwii. In it they conceded that the economy…