Capitulation
Mar
07
2019
Watch What They Do, Not What They Say
While the celebration over Jerome Powell’s “Christmas Capitulation” lingered throughout February, we’re still awaiting signs the capitulation consisted of anything more than words.
Feb
07
2019
Did The Doves Swoop In And Save The Day?
Just a few months ago, Fed Chairman Jerome Powell boasted a reputation as a straight-talking, sound-money banker.