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Market Can’t Stay Up with Three Barrels

RiskReversal Pod

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Jerome Powell's Hardliner

Danny Cevallos: Jerome Powell has some Paul Volcker in him and I think he really wants to slay this dragon. If we get a market swoon, I would not look to the Fed near term,. certainly at five or even 10% of the market to comment that they're going to be there to quote, save the day. The issue with all the things you're saying, fortunately, it hasn't meant anything yet for the stock market. But I fully expect these things to boil over and something, quote, to break again.

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