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Jerome Powell Just Paved The Way For A Market Rally Higher
Jerome Powell and The Fed cut rates by 0.25 percent today, but... said a December cut is NOT a foregone conclusion. However, this is a classic Powell headfake. The labor market needs more cuts, and it needs them now. Here's why I see today's events leading to a higher market in the coming weeks and months.
0:00 Intro
0:45 The Fed gives a tell where the market is going next
3:17 Another giant leap in robotics
9:15 The city of Boston is anti-innovation
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Pomp writes a daily letter to over 265,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at:
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