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Wall Street Unplugged - What's Really Moving These Markets
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I Can't See Powell Changing Course
I can't see Powell doing or saying anything different later on today, which by the time you listen to this, you'll probably know. Maybe says something different in the markets through the roof will come that tomorrow or down a lot. I think he's going to stay the course, which is say pretty much exactly what he said three weeks ago. But if you're a bull, you shouldn't be happy at record retail sales. You should be seeing that come down. Go see the jobs numbers come out. We need to see millions of more people lose their job. Isn't that incredible? That's the bullish thesis on stocks because they need to see that on point where they go higher
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