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

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Gold Reaction

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Unhappy With Powell

  1. Stocks
  2. Bonds
  3. Gold
  4. Trump

An initial dovish-appearing statement reversed at the press conference.

Mike "Mish" Shedlock