CNBC is describing him as "boring choice for Fed chair" but "best for stock market".
https://www.cnbc.com/2017/11/01/powell- ... tocks.html
Do you all see any major impacts on markets?
Jerome Powell
Moderator: Aitrus
Re: Jerome Powell
I typically do not speculate about anything related to the FED 
-
mindofmush
- Posts: 353
- Joined: Mon Jul 02, 2012 1:38 pm
Re: Jerome Powell
The market has experienced a short lived ripple with every Fed report and returned to normal within the week.
Of course the market will be impacted simply because the Fed chair is new and unknown. Unknown means more volatility and bigger ripples (more profit if I can get that reverse iron condor setup in time.)
Of course the market will be impacted simply because the Fed chair is new and unknown. Unknown means more volatility and bigger ripples (more profit if I can get that reverse iron condor setup in time.)
mo meng, mo ching (which loosely means: no money, no life)
Re: Jerome Powell
Thanks. I hope it does not cause too many ripples.
Re: Jerome Powell
I don't expect much volatility.
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