August 26, 2022

INTERIM CAPSULE: POWELL HAWKISH BUT MOMO CROWD STARES POWELL DOWN BY BUYING STOCKS

By Nigam Arora & Dr. Natasha Arora

Please start out by reading the Morning Capsule for the background.

Powell Hawkish

Powell was hawkish and direct in his speech. Of special note is that he specifically mentioned the mistake of the 1970s that we have repeatedly written about. Powell’s speech was 100% in alignment with The Arora Report analysis that we have been sharing with you as to what the Fed should do.

Staring Powell Down

In the Capsules, we have been sharing with you to expect the momo crowd to buy stocks irrespective of what Powell says. That call has proven spot on. … Please click here or the title below to read more.

August 26, 2022

THE MOST IMPORTANT POWELL SPEECH

By Nigam Arora & Dr. Natasha Arora

Editors Note: Interim Capsule was published after Powell’s speech. The Morning Capsule was published before the market open and before Powell’s speech. Read the Morning Capsule first for the background and then the Interim Capsule. This post is the Morning Capsule. Interim Capsule is in a separate follow-up post.

To gain an edge, this is what you need to know today.