Going for Broke

No one laid a glove on Powell during his House testimony yesterday. His assertions regarding inflation and economic growth went largely unchallenged. In fact, 10Y yields are off this morning, testing 1.32 moments ago.Can he continue to fool most of the people most of the time? It’s worked out pretty well so far, with plenty of investors willing to ignore the inevitable outcome of the inflationary path we’re on.

continued for members


Sorry, this content is for members only.

Click here to get access.


Already a member? Login below

Remember me (for 2 weeks)

Forgot Password