Ep. 456: Fed Chair Jerome Powell Is Arthur Burns 2.0

Published: Dec. 19, 2023, 7:34 p.m.

Fed Chair Powell and the FOMC run the risk of re-igniting inflation with last week\u2019s dovish commentary. Market conditions have continued to ease since the FOMC meeting and press conference on December 13th. Powell\u2019s Fed may be forced to further tighten monetary policy after loosening last week \u2013 a repeat of then Fed Chair Arthur Burns having pulled back on the Fed\u2019s tightening effort too soon back in the late 1970s. \n\nWatch this episode on YouTube: https://youtu.be/kbCuOWMLv5Y?feature=shared\n\nSubscribe to TEK2day\u2019s YouTube channel: https://www.youtube.com/@TEK2day\n\nSubscribe to TEK2day on Substack: https://tek2day.substack.com/