Posted 2/5/2024 05:28 (#10609210 - in reply to #10609189) Subject: RE: Jpow on 60 minutes
custar ohio
I have to admit that since the transitory comments I have been waiting for Powell's policies to fail. We all knew it wasn't transitory. I still feel inflation is worse than advertised. Statistics sometimes lie.
Since then, the Fed has done a very good job of keeping this ship on the right course. And that was not easy.
It looks like we might land this thing without crashing and burning. And I don't care what anybody thinks about the man that is quite a feat.
Now Yellen on the other hand......
Do you see a coming bailout for regionals on the commercial fiasco? It also affects some smaller (even community) banks. The writing has been on the wall.
If you have bank stock know their portfolio. Many carrying loses that have not come to fruition.
Jpow on 60 minutes
