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

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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

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