VRA Letter: The Worst Fed Chair of My Time…and The Bond Market Agrees. An Overbought Pause in Megacap Tech Will Produce "Buy the Dip" Opportunities.
/Good Thursday morning. As I explained on my podcast yesterday, J Powell went off script at his presser and likely just made “another” policy mistake, which will be his 5th since taking the appointment to Fed Chair.
I repeat; J Powell is the worst Fed Chair of my time…
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