Fed deja vu: Powell calls tariff inflation transitory

The Fed chief shares insights on transitory inflation, echoing predictions from the pandemic era. Market reactions show stocks climbing as bond yields retreat. NVIDIA shines in the AI sector, announcing plans for increased capital spending. Meanwhile, tariff concerns stir market volatility, affecting companies like Boeing and General Mills. Despite challenges, global ETFs perform well, although there's caution against concentrated investments. The analysis provides a fascinating look at the current economic landscape.