The MacroTourist

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PEAK HAWKISHNESS

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PEAK HAWKISHNESS

What the 'tourist is doing about Wall Street's change in mood

Kevin Muir
Jan 28, 2022
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PEAK HAWKISHNESS

posts.themacrotourist.com

The other day, as I watched the market’s reaction to the FOMC press conference, I wondered if I had the wrong feed.

The market was freaking out because when asked if the Federal Reserve would consider a 50 basis points hike, Powell responded that anything was on the table. Huh? This question was totally useless. Of course the Fed Chair responded that he…

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