Powell: If large increases in tariffs as announced are sustained, will see higher inflation, lower employment

Q&A starting: S&P @ +0.20% Come on papa Powell, help out the bulls!



Update: questions done: S&P +0.12%. Nothing large enough to push higher....afternoon could be choppy

Here's hoping it does exactly what the majority thought would NOT HAPPEN....(i.e. everything thinks it will crater since the FED did not change stance and is saying they have to "wait and see"......here's hoping for that 2% rally for zero reason....or for the next tariff deal tweet).

Haha. Seems that I got the next best thing: Trump tweet about an unimportant topic shooting the markets up...until they realize it has ZERO to do with China.

I can how you how to hedge your long positions, if you like.