Fed Put in question – Powell under Fire from White House – Markets FED UP!
Earnings Season – VERY CLOUDY
USD Weak – what are investors thinking?
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- Chaos - What next?
- Rates - moving in the wrong direction again
- USD Weak - what are investors thinking?
- A moment for Pope Francis
- Markets have had it - Done with this nonsense
- Fed Put in question - Powell under Fire from White House - Markets FED UP!
- Earnings Season - VERY CLOUDY
- VIX - back above 30 again (~35)
- HyperScalers - not so Hyper...
Update One Time Competition - Put Lyrics to Music - The Tariff Blues (DHUnplugged Shirt and Song Play)
- We have a clear winner from all of the entries and will announce and play at end of the show - I think it is awesome!
The Governing Council today decided to lower the three key ECB interest rates by 25 basis points. In particular, the decision to lower the deposit facility rate -- the rate through which the Governing Council steers the monetary policy stance -- is based on its updated assessment of the inflation outlook, the dynamics of underlying inflation and the strength of monetary policy transmission.
- President Trump says "The ECB is expected to cut interest rates for the 7th time, and yet, “too late” Jerome Powell of the Fed, who is always too late and wrong.....Too Late should have lowered interest rates, like the ECB, long ago, but he should certainly lower them now. Powell’s termination cannot come fast enough!"
- President Trump says he is "not happy" with Fed Chair Jerome Powell; says he thinks Mr. Powell would leave if he asks him to do so
- Is he going to ask - will he leave????????
- How will markets react?
--- STOP THE PRESSES - Already did a 180 on that..."No intention of firing Powell"
Flurry of Deal Comments Tuesday
- As expected, most contradict the other