Powell's Prescription: More Cowbell?
01/25/19 11:12AM EST
https://youtu.be/20nVQn13tq4
On Friday’s edition of The Macro Show, a subscriber asked Senior Macro Analyst Darius Dale the following question during Q&A:
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"In a recent Early Look, you opined that [Fed Chair Jerome] Powell could go dovish soon. While I assume you mean he won’t hike, what are your thoughts on him simply pausing the selloff, or restart buying treasuries to create an economic stimulus similar to what China has done?”
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Watch the clip to see Darius’s (simple) answer.
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