Marshmallow Powell... Bull Market Back In Swing?

Discussion in 'Economics' started by Scataphagos, Jan 30, 2019.

  1. On the theme of "Nothing else matters"... that is, LIQUIDITY

    1. Powell has been brow-beaten out of his rate-hiking hawkish stance

    2. There is a chart around which shows "Central Banks Once Again Buying Assets" since mid-December. (Have seen it twice, but can't find it just now. I'm sure it will appear again.)

    "Won't take political considerations into account". -- J. Powell

    Ha! Heard that one before.
    Last edited: Jan 30, 2019
  2. Your right the Powel Put is now effective.
  3. Now Trump can crow about the stock market at his SOTU address.
  4. Powell said the same in December.... getting more mileage for the repeat. Market usually doesn't "chew its cabbage twice", but apparently so this time.
  5. Trump would love to see the market making new highs at the 2020 election. If the market/Fed is to "take its medicine", then would be the time for Trump's sake. Can "things" be propped-up to keep the plates spinning for that long??
    Last edited: Jan 30, 2019
  6. ET180