Powell Is Out.....

Dow futures rise 150 points after Biden sticks with Powell to lead the Fed

 

I felt Biden would use Powell as the inflation sacrifice. Appoint Brain as the fresh start. I was wrong.

 

Maybe they know that the sh*ts gonna hit the fan and they can then blame Powell.

 

Powell Is Out
--->
Powell Is In

 

Cry me a river

 

Same thoughts. Brainard would continue to inflate and put the blame back to Powell. There's obviously more bargaining in the background. Hopefully, they wrap up the debt ceiling quick.

 

Biden will have 3 slots to fill....that should slant the board in that direction...somewhat against the the Powell direction

 

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WELL that's life\but your brain ''angle'' on NQ may have helped QQQ+ QLD down a bit.
NOT that i would blame the fed for that .LOL
Oil + gasoline going down/downtrending again on many timeframes, + 11 months till elections, not that i would blame the Fed for that..........................................