Postcards: Update on Fed (And Who Really Stole Today's Show)
The Fed meeting today was the big show... but there was a moment today in Washington that actually made sense.
Dear Fellow Expat:
As I said… it’s always between 2:35 pm and 2:37 pm. Follow it.
Look at the direction at 2:35 today.
After five minutes of Powell's speaking, it’s wild what algos will do.
But beware of profit-taking as we head into the final hour…
Here’s my video recap on the Fed. It’s a little fast and extemporaneous…
I didn’t prepare much of a script… just like the good old days.
Here’s the Fed Recap
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