Fund Manager: It’s Not The Powell Put – It’s The Powell Helium Pump
by Dave Kranzler of Investment Research Dynamics The stock market has gone “Roman Candle” since Fed Chairman, Jerome Powell, gave a speech that was interpreted as a precursor to the Fed softening its stance on monetary policy. Not that intermittent quarter-point Fed Funds rate nudges higher or a barely negligible decline in the Fed’s balance sheet should be … Read more