Ashes To Ashes

So Powell is saying the usual boilerplate about rates and runoff and whatever. You've also got Evans and Bullard out there backing him up. But how is a 25 basis point fed funds rate hike going to counteract $110 crude oil, $7 corn and $10 wheat? Gimme a break.

Oh, but that's what the MSM pundits will tell you. Powell is tightening. He's in charge and in control. RRRrrriiiggghhhttt . Does he look "in control" of this?...

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Key Economic Events Week of 11/28

11/28 12:00 ET Goon Bullard
11/28 12:00 ET Goon Williams
11/29 9:00 ET Case-Shiller home prices
11/29 10:00 ET Consumer Confidence
11/30 8:15 ET ADP jobs report
11/30 8:30 ET Q3 GDP 2nd guess
11/30 9:45 ET Chicago PMI
11/30 10:00 ET JOLTS
11/30 1:30 ET Chief Goon Powell
12/1 8:30 ET PCE and Core PCE
12/1 8:30 ET Consumer Inc and Spend
12/1 9:30 ET Goon Bowman
12/1 9:45 ET S&P Manu PMI
12/1 10:00 ET ISM Manu PMI
12/2 8:30 ET BLSBS

Forum Discussion

by Titus Andronicus, Nov 26, 2022 - 10:18pm
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by argentus maximus, Nov 14, 2022 - 3:19am