Mr. Powell, with respect to asset purchases just said “we can do various things; make it smaller, make it larger…” That gave me a good laugh because Powell just nailed my Outer Limits shtick with that line. Make it smaller, make it larger… You go, Jerome! Fed Rules Out Yield Curve Control (for now) – Aug. 8 “There is nothing wrong with your television set … Continue reading Sometimes I crack myself up…
Where once we dubbed him “Jerome ‘Dead Eye’ Powell” we now, well… you know. I gave some crap to the Twitter rabble rousers who fever pitched the bearish mobs about the Fed’s dovish roll over (man, must they be pissed now) but Powell was only following bond market signals (and by extension the economy’s signals) as the Fed softened up after being firm while the … Continue reading Jerome ‘Dove Eye’ Powell
After yet another viewing of a widely followed Twitter muckraker calling out Jerome Powell with righteous sounding outrage and indignation (and getting the troops all riled up with likes and re-tweets) I hereby bore you to death with reality. Jerome Powell was very stern in September, October and November as the perma-bulls begged and Trump bullied. Now the goddamn perma-bears are bitching and moaning because … Continue reading Just Another Boring Post About the 2yr Yield
