Artis Real Estate Investment Pref Shs Series E T.AX.P.E

MARCH 20- WILL POWELL DO IT AGAIN?

[garyreins]

Will Powell Pitch a Slider or Whip a U-Turn?

August 2022 comes to mind when examining the current trend of inflation amidst animal spirits in markets. At the time, the S&P 500 rose from 3636 to 4324, a 19% rally off of comments from Fed Chair Powell emphasizing that the current posture of the central bank was neutral, even though the Fed funds rate was at a midpoint of just 2.38%. The reignition of commodity prices, a few hotter inflation reports and bullish exuberance in markets led Powell to show up fiercely in Jackson Hole, Wyoming. Powell threw the ferocious slider pitch that no one was expecting, which led to a 20% S&P 500 drop from August to the October lows of 3491. He even mentioned economic pain. Next week provides another opportunity for Powell to redeem himself against the backdrop of inflation. Will he throw the old-fashioned Jackson Hole slider, or will he pull a Nascar style, Washington D.C. U-Turn. Will he continue to support the interests of Wall Street, or will he acknowledge that accelerating inflation is painfully damaging to Main Street?

-The fact that this is still going on 2 years later is completely embarrassing to their efforts.  It aint even working

[spacegimp]

I don't really blame Powell , it takes the combined effort of government reducing crazy spending levels to calm inflation. I do blame Powell for stating in a speech in New York just a few months ago that the level of government debt is not a problem... talk about encouraging more reckless spending 

[Torontojay]

  The fiscal spending is contributing to inflation. Bank credit conditions should tighten further in the months ahead which should help ease inflation. If I were Jay Powell I would not drop rates unless I see evidence that fiscal spending is under control. Show me that you can contain costs and I will give you a quarter point drop. I have a suspicion that Janet Yellen is going to make

[Frankie10]

The growth rate of the money supply will only continue to increase. This is the essence of my macro thesis. I view this as a certainty. This thought is the seed in which all my other investment theories are born.