Slice Or Hook?
Never underestimate the Fed's ability to let a good crisis go to waste.
Never underestimate the Fed's ability to let a good crisis go to waste.
There's some talk right now that the current market environment resembles a "dead cat bounce" or that we're setting up for a recession.
What a couple of weeks it has been! Last week, markets adjusted to the possibility of a banking crisis contagion. This week, markets were whip-sawed on speeches from our fearless financial leaders.
The Fed and Chairman Powell are living dangerously these days as they play with investors' emotions in an extremely expensive game.
Per usual, the Fed has been all over the place this week in prepared remarks.
Investors and advisors alike have suddenly become concerned that a new bear market is upon us.