Jim Welsh from Macro Tides and Blake Morrow from https://tradersummit.net/ sit down and discuss this week’s FOMC, Powell’s definition of transitory inflation and some of the metrics under the surface he’s looking at. Most importantly, how do you position yourself in the FX market with the US Dollar (USD)!
INTERESTING QUOTES FROM THE VIDEO
▶ “As long as people have enough money in their pocket they are going to keep spending”
▶ “The government has given a lot of money to a lot of people, whether they were working or not working.”