The Fed Is All that Matters ... Until it Doesn't and Everyone Just Ignores it
www.thedailydoom.com
Stock investors don’t believe Powell because the Fed lost most of its credibility in recent years by promising it could do quantitative tightening on autopilot in its long-awaited and feared balance-sheet unwind, which crashed stocks back in 2018.
The Fed Is All that Matters ... Until it Doesn't and Everyone Just Ignores it
The Fed Is All that Matters ... Until it…
The Fed Is All that Matters ... Until it Doesn't and Everyone Just Ignores it
Stock investors don’t believe Powell because the Fed lost most of its credibility in recent years by promising it could do quantitative tightening on autopilot in its long-awaited and feared balance-sheet unwind, which crashed stocks back in 2018.