Pusillanimous Powell: Pivoting Toward Subzero Junk

Pusillanimous Powell was at it again today on Capitol Hill, pivoting wildly as he took care to signal that a rate cut is still on track for the July meeting. Never mind, though, that by his lights the economy is in a “good place”, the unemployment rate is “close to it’s lowest level in 50 years” and “job openings are […]
You must be a Stockman's Corner member in order to view this post, subscribe to Monthly Subscription, Quarterly Subscription or Annual Subscription.