we have a FED trapped between Churchill (when the facts change i change my mind) and Groucho Marx (these are my principles and if you don't like them, well i have others). My two cents is that next week Powell is going to stick to a slightly hawkish tilt. Easier financial conditions via better equities, lower USD, tighter spreads might be premature.
we have a FED trapped between Churchill (when the facts change i change my mind) and Groucho Marx (these are my principles and if you don't like them, well i have others). My two cents is that next week Powell is going to stick to a slightly hawkish tilt. Easier financial conditions via better equities, lower USD, tighter spreads might be premature.