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MacroVoices #366 Louis-Vincent Gave: Staying Humble in Troubling Times

Macro Voices

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Is There a Fed Reversal?

Until Jay Powell hit the stage with his hawkish comments, it looked like a new uptrend was starting and maybe we're going to take a run at 4300 or so. So here we are post Powell. We still haven't retested the 200 day moving average. In my mind, the technical tell here is really a pretty wide range. I don't know why so many people are still talking about expectations of a reversal in the direction of fed policy.

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