When Does the Tweet Storm Begin?
Not Yet, Just Howls From Yesterday
Transitory Inflation?
Declining Inflation?
Political Correctness
Stocks and Bonds Reverse
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The stock and bond markets did not react well to Powell's press conference.
5-Year Bond Reaction
Gold Reaction
Unhappy With Powell
- Stocks
- Bonds
- Gold
- Trump
An initial dovish-appearing statement reversed at the press conference.
Mike "Mish" Shedlock