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4min chapter
Fed Chair Powell Says Goodbye To Era Of Easy Money | Jim Bianco & Joseph Wang
Forward Guidance
Introduction
Jim Kramer, Joseph Wang and Jim Yanko join us for this week's forward guidance podcast. We'll look at the FOMC meeting as well as Jay Powell's press conference. What stood out to you? Were there any surprises? Did you notice anything that was different than what you were expecting? Yes. I completely agree with you. He should never have taken 75 off the table. But he did throw a bone to the bulls in the market. While he was saying he needed financial conditions to tighten,. The stock market was going vertical on his comments. That was a monster.
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