3/23/2023 - Much has been said and written about Jay Powell’s
frustration with the market not taking him seriously. The
thing is, the market is all ears with knee-jerk reactions on
Fed Day, and yesterday was no exception.
Equity
indices bounced around on each answer, seeking a sign
for the takeoff that never materialized. Instead, the
market imploded as it has most times during Powell’s reign
at the Federal Reserve....
Payne's Perspective: March 13, 2023: Will Banks Tap Out?
3/13/2023 By Charles Payne, CEO & Principal AnalystThe bears are awake and ready to party! The bear wasn’t in hibernation, but since October 13, 2022, there was a sense perhaps the worst was over.
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