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Jim Bianco on Fed Chair Powell's Reluctance To Discipline The Bulls (February 2023 FOMC)
Forward Guidance
Is There a Slowdown in the Real Economy?
Jay Parini: Paul Ryan seems to be focused on one set of statistics. He's defined the economy as the labor market. What about housing? he asks, you know, that market has been struggling because it's so interest rate sensitive. I have no agree with him. I think inflation is that important. The federal just declared 5% being neutral and we could get the S and P back to 5,500 misses the boat in a lot of ways.
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