This is very dovish….
Kevin Hassett basically gave the most polite version of “ask me again when the data isn’t trying to embarrass me on stage.” Every answer was a choose your own adventure. Rates could fall a little. Or a lot. Or not …
dovish
There’s been “no fiat debasement”? The Treasury just posted the worst October budget deficit in history, a recession is coming, and Trump is preparing to appoint a dovish Fed chair.
TRUMP FED CHAIR ANNOUNCEMENT LIKELY THIS WEEK Sources, including Treasury Secretary Scott Bessent, say Trump has made his Fed Chair pick, with a strong chance of a reveal before Christmas. Trump confirmed on Air Force One that the announcement is …
Overnight, BOJ’s no rate hike stance fuels RISK ON rally; market instability persists…Mohamed A. El-Erian: Yen weakens 2% due to BoJ’s dovish stance, conflicting with economic needs.
Overnight, the BOJ fueled a global RISK ON rally with their announcement that there will be no further rate hikes while markets are "unstable":https://t.co/nX1iahwa8M For pundits such as Zerohedge who are still asserting that a mere .25% rate hike imploded …
Just as Powell gets dovish, the CRB index is within 1% of its highest close since August 2022
CRB stands for “Commodity Research Bureau,” which is a widely followed index that tracks the prices of various commodities. It includes 19 commodities in its index. Just as Powell gets dovish, the CRB index is within 1% of its highest …
Gold miners (GDX) poised to surpass Gold (GLD) after the dovish Fed triggers a market surge.
Gold miners (GDX) are setting the stage to outperform Gold (GLD) Leading up to the Fed meeting last week, GLD and GDX were showing signs of weakness But the exceptionally dovish Fed triggered a tremendous surge in both GLD and …
What happened? Powell went from cautiously hawkish to openly dovish over the course of a month. We have seen in past that even when interest rates are high it took around 5 years for inflation to go down.
https://twitter.com/TRUMP4USD/status/1735657299811909701 Save this article headline … This is going to be one of those we look back on and laugh at. pic.twitter.com/qJs5C4TwJD — Wall Street Mav (@WallStreetMav) December 15, 2023 *WILLIAMS: WE AREN’T REALLY TALKING ABOUT RATE CUTS RIGHT NOW …
This is why ECB was dovish yesterday even in the face of high inflation
by DesmondMilesDant Germany is in Stagflation ( 1973 vs 2023 )