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Jerome Powell Bombshell Speech Reveals Everything You Need To Know About The Economy
It wasn't just a pivot, Powell admits the US economy is in trouble as unemployment has already started rising. While that's it's own can of worms, there are also more monetary and financial considerations related to what happened early in August. CLOs, collateral, stock market liquidations, all tied to what the Fed just agreed to.
Eurodollar University's Money & Macro Analysis
EDU YT Japan is buying MASSIVE Amounts of Junk Credit
https://www.youtube.com/watch?v=_a_2J6mU48o
CNBC Jay Powell Jackson Hole
https://www.youtube.com/watch?v=zpiMF6bZ0sg
Text of Powell Speech…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.