3min chapter

Wall Street Unplugged - What's Really Moving These Markets cover image

Prepare for market chaos in 2023

Wall Street Unplugged - What's Really Moving These Markets

CHAPTER

I Think Powell's Going to Be Transparent on This One Thing.

I think Powell has done a good enough job of being transparent or foreshadowing what he's going to do to later today. As far as Powell does, I do think that he'll raise by 50 basis points, which is the market consensus. And when I look at the inflation picture, we're still right at 7.1%. Remember the PPI came in, it didn't come in good. So it's not just, hey, one month or two months. I mean, we have to see this go on for a while, right?

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode