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 2/10

2/11 10:00 ET Jerry Powell Hump-Hawk
2/11 3:30 ET Goon Williams
2/12 8:30 ET CPI and Core CPI
2/12 10:00 ET Jerry Powell Hump-Hawk
2/12 2:00 ET Goon Bostic
2/12 2:00 ET Monthly Treasury Statement
2/12 3:30 ET Goon Williams again
2/13 8:30 ET PPI and Core PPI
2/14 8:30 ET Retail Sales
2/14 9:15 ET Cap Ute & Ind Prod
2/14 10:00 ET Wholesale Inventories
2/14 3:00 ET Goon Logan

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