The Donald Got That Right: Put Powell On Waivers, Draft Draghi And Get It Over With!

Let’s face it. Jay Powell is a knucklehead who apparently can’t see the financial market’s nose right squarely in the front of his face. Thus, yesterday he more or less embraced the latest Fed rationalization for bending over to Wall Street’s demands—the “insurance cut” theory. Noting that the Fed’s view of the economic outlook had suddenly turned […]