Replying to I live in a ski town and work for one of the worlds most prominent financial institutions and J. Powell goes "brrrrrrrrrr"
"only a central bank can fund and fight a war, we are at war" (the most terrifying email subject I have ever read in 8 years at my bank). J. Powell is shooting every shot he has to keep this thing afloat, no one says 'no' to free money I will pay for this for the rest of of my life in taxes, but at this point I am happy too. March was bad,the second dip comes when commercial real-estate can't make their rent payments.
Discuss NS
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