Next Stop On The Jay Powell Apology Tour

By Donald Luskin

Trend Macro’s Don Luskin anticipates no Fed rate increase on Wednesday, 1/30/19, and explains that a WSJ report, suspected of being “planted,” sets up Fed Chair Powell to sound both dovish and smart about the Fed’s balance sheet — a way to redeem himself from the humiliating the December FOMC.

Read on.

Donald Luskin, Chief Investment Officer for Trend Macrolytics LLC, talked to Sprott Media’s Albert Lu about Fed Chair Powell’s inability to communicate with markets:

“He’s a uniquely inarticulate person.” — Donald Luskin on Jerome Powell

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