Powell asked about the tools the Fed has to address supply-chain disruptions.
“We don’t have that at all,” he says.
That's odd: in 2021 the Fed vowed rates would be at 0 until 2024 because of covid supply chain disruptions.
— zerohedge (@zerohedge) May 7, 2025
On the contrary.
In 2015 and 2022, SPX found "balance" at the exact spot as same as today. Then, it went back down hard again.
Even if your theory of a new ATH is correct, the pattern actually supports a new lower low first. https://t.co/EN6zCM8AY4 pic.twitter.com/72IroLpCWh— Master WU (@MasterPandaWu) May 8, 2025
Hassett: I can report that there are still plenty of things on the shelves. There were a couple of weeks where shipping from China was lower but now shipping from a lot of other countries is going way, way up. So people don't have to be worried.. pic.twitter.com/x2yZGbg81L
— Acyn (@Acyn) May 7, 2025