A century ago, New Yorker George C. Parker “sold” a lot of large local items to a gullible public — the Metropolitan Museum of Art, Grant’s Tomb and, of course, the Brooklyn Bridge! What to say of the majority of investing public that believed Federal Reserve Chairman Jerome Powell’s repeated assertions about inflation being “transitory” before he abruptly pulled the call following renomination to his position by President Joe Biden in October?
Fed: No More Bridges to Sell!
Fed: No More Bridges to Sell!
Fed: No More Bridges to Sell!
A century ago, New Yorker George C. Parker “sold” a lot of large local items to a gullible public — the Metropolitan Museum of Art, Grant’s Tomb and, of course, the Brooklyn Bridge! What to say of the majority of investing public that believed Federal Reserve Chairman Jerome Powell’s repeated assertions about inflation being “transitory” before he abruptly pulled the call following renomination to his position by President Joe Biden in October?