Surveillance: Fed Distractions with Donald
Bloomberg Surveillance
00:00
Is There a Misuse of Leverage Right Now?
The strength of the move in twos yesterday clearly shows that some people were off-sides, and there are positions that needed to be cleaned out. I think what Powell did yesterday was the right thing to do. There's too much talking, too much talk of disinflation eight weeks ago, 13 times. But in the end, by putting 50 on the table in the near term, they're almost forced to go through it. If 200k gets it done, it's a pretty low bar.
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