Powell Was Not As “DOVISH” As You Think!
Powell Was Not As “DOVISH” As You Think!
Jim Welsh of Macro Tides sits down with Blake Morrow to discuss the very volatile week of trading we had following the FOMC and other central bank meetings. Specifically, Jim wanted to discuss the message Fed Chairman Powell had given the markets and wants to make clear his stance on Powell’s “dovishness” the market had interpreted.
Jim also shows the similarities of the 1970’s inflationary period to today, which is a very similar overlay. Also, Jim discusses wages and how small businesses will increase wages as well.
Jim also gives his Crude Oil, Dollar, 10yr Yield and Gold forecasts through an Elliot Wave viewpoint.
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