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And So We Wait, For This 5/4/22


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Hard hitting question there.

Bloomberg: Do you think the Fed has a credibility problem. 

Powell: No I don't. We may suck. We're dumb as a rock. But we work for our banker cronies, not the public. Fuck them. 

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"Chairman Powell, your effort today hasn't yet generated a 4-digit move in the Dow. Do you understand that underperformance to constitute 'policy failure' for the plutocracy to whom you answer?"

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Just now, DrStool said:

I have trouble believing this will stick but the pattern will be bullish as hell if it clears 4309. 

It would measure to 4550. 

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