Why Powell's Speech Was "A Stroke Of Genius"

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Why Powell's Speech Was "A Stroke Of Genius"

Excerpt from Zero Hedge’s re-print of a recent DataTrek report:

“A Man for All Seasons”

…. “To our thinking, Chair Powell’s speech was a stroke of genius. By easing the Fed’s public stance on rates, he puts all the responsibility for near term market direction on President Trump’s shoulders as he prepares to meet Chinese President Xi at the G20. US equities are barely up on the year, so what happens in Buenos Aires will determine if stocks post a positive 2018″….

Read the whole report here on Zero Hedge!