JEROME POWELL GETS THE MESSAGE

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by Jim Quinn

After yesterday’s Federal Reserve Meeting, Jerome Powell completed his one month transformation from an independent hawkish Chairman trying to do what is right for the country to a weak kneed Wall Street lackey doing their bidding, just as Yellen, Bernanke and Greenspan had done before. It appears he was summoned to a dark room about a month ago and given a talking to. Much like this speech.

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