What’s your take on potential market reaction if (a big if) Trump somehow manages to fire Powell?
I’m not of the view that he will - seems more like the administration is testing how far they can push the Fed before markets revolt, but just curious on if we do get some kind of black swan and what that would look like.
Caffeine and an Arb letter. Solid Friday morning.
What’s your take on potential market reaction if (a big if) Trump somehow manages to fire Powell?
I’m not of the view that he will - seems more like the administration is testing how far they can push the Fed before markets revolt, but just curious on if we do get some kind of black swan and what that would look like.
Here for it!