VRA Investment Letter: The Worst Week for Stocks Ends. Roaring 2020's; US Economy Remains Strong.

VRA Investment Letter: The Worst Week for Stocks Ends. Roaring 2020's; US Economy Remains Strong.

Good Friday morning. The worst week of the year for US equity markets ends today, punctuated by this week’s FOMC meeting/statement and J Powell presser, which…once again…led to a steep sell-off in stocks…Powell’s specialty. 

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VRA Investment Update: J Powell, the Jim Cramer of Fed Chairmen. Upside of Inflation. The Markets Love it When the Fed Stops Hiking.

VRA Investment Update: J Powell, the Jim Cramer of Fed Chairmen. Upside of Inflation. The Markets Love it When the Fed Stops Hiking.

Good Thursday morning. In Tuesdays Letter I wrote the following…

“J Powell is the most unpredictable Fed Chair of our times and the root of his unpredictability lies in the fact that he desperately wants to be taken seriously. Powell is highly unpredictable. That’s a dangerous trait in a Fed Chair.

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