2min chapter

Forward Guidance cover image

The Powell Put Won't Save Stocks | Joseph Wang

Forward Guidance

CHAPTER

The Fed's Communication With Markets

The outlook looks like taper first and then rate hikes and then maybe later tightening. But typically that the Fed doesn't do QT and raising hikes at the same time, right? That's a little bit over in overdrive. Jay Powell was trying to manage the short-term in street markets so that they won't be surprised. So I think they're pretty transparent today. You just have to realize that they're subtle in what they say.

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