OK, six down, two to go! The 6th FOMC announcement of the year is out. Here’s the new dot plot.
No Action Reaction
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Pre-FOMC Picture Show
Why is the Fed Still Tilting at Fading Inflation?
With inflation fading, the US Federal Reserve continues to the fight against… inflation!
The question is ‘why?’. Why do Jerome Powell and the Federal Reserve continue to tilt against the fading enemy known as inflation?
The Perspective of Reduction
At the latest Jackson Hole resort vacation, Powell trumpeted the “significant reduction in holdings” by the Fed, suggesting that, by golly, they had made astonishing progress shedding all those trillions of dollars of securities holdings. Well, allow me to give that suggestion some perspective.
Pre-Powell Pontifications
In a superb example of bad timing, I have some personal commitments to address during the first hour of the trading day, which of course includes the Powell speech. So God help me! In advance of that, I am punching out this post about an hour before the opening bell, with a few musings about some important ETFs.
The Dow Industrials have (just barely) broken their trendline.
