Everyone knows that Powell is a chicken and he would pivot especially before elections. Long inflation.
Fed Did a Good Job Stoking Inflation
Started by
linrom1
, Jul 28 2022 08:04 AM
2 replies to this topic
#1
linrom1
-
- Traders-Talk User
- 3,997 posts
Member
#2
linrom1
-
- Traders-Talk User
- 3,997 posts
Member
Posted 28 July 2022 - 09:17 AM
First cut is the deepest, US10YR at 2.66%.
#3
pdx5
-
- Traders-Talk User
- 9,527 posts
I want return OF my money more than return ON my money
Posted 28 July 2022 - 09:18 AM
Powell worries more about his popularity than Americans subjected to double digit inflation for many years.
Inflation lasts a decade or more. Recessions are over inside a year. But as you said this is an election year.
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule
