Episode 165 - Robert Young : 28 DEC - MARKETS & THE ECONOMY - WAS CHAIRMAN POWELL WARNING US?

Friends,On 19 Dec, during the post-FOMC news conference, Chairman Powell's casual mention of the committee's concern regarding increasing inflationary pressures (aka - rising inflation = rising cost of goods & services) triggered a Market liquidation. We'll look at the Fed's own data to investigate.Keep in mind, when the Consumer runs out of Cash, Markets will re-price as Corporate revenue drops.Robert