Jerome Powell

“Powell, he overstayed being easy way too long because he wanted Biden to reappoint him.”

“He will replace Powell at some point.”

“I think he has Trump derangement syndrome. He just hates Trump. That's why he artificially lowered rates to try to get Kamala elected. It is indefensible cutting 50 basis points off in, you know, last fall.”

“So in other words, he went along with this whole transitory narrative to get renominated by Biden. And then a week later on November 30th, he said it was time to retire the word transitory.”

“And it caused an asset bubble in twenty-twenty-one, it caused the nine percent inflation that we had the following year, and it caused the crash that we saw in twenty-twenty-two and 23.”

“He'll cut for Biden. He'll cut for Yellen. He'll cut for Kamala. He will not cut for Trump.”

“GDP rose at a 1.2% pace in the first half of this year, down from 2.5% last year.”

“I do think the market would go down quite a bit more if Trump did fire Powell.”

“Obviously Trump is pretty loud on X and on Trump social around like pushing rate cuts, but I don't think Powell's gonna give into that. So my gut says two.”

“I think that if Powell starts an aggressive cutting program, either because he has to, or because he's trying to keep his job. I mean, man, you could see the S&P at 7000. Very quickly.”

“He's not going to get reappointed.”

“So I think he's going to be more concerned about erring on the side of tamping down inflation than erring on the side of the economy not doing as well.”

“My position is I think he might have already stuck the landing.”

“I think it's very simple. Mr. Jerome Powell signaling to the world that interest rates are under control now. And the air has been taken out of the balloon and the interest rates have to go down.”

“So I think what happened this week is actually pretty important because I think the markets were really trying to force Jerome Powell to start the cutting cycle, and now they had to move the date at which they could expect cuts out by a year.”

“You can hedge if it's like a one percent, you know, if you expect a one percent interest rate and it turns out to be 1.2% or something like that. Fine. You can hedge that. That's when the normal envelope, if you are told and everybody's told that it's going to…”

“Powell is crashing the plane, and SVB and FRC and others were just positioned near the front of the plane. Okay. So like everybody's gonna die is my point.”

“So I think this is certainly a political mistake for Powell to say that his objective here is to hurt the wages of the American people and to basically cause a recession.”

“And so I think there's a decent chance Powell says, you know, we've, we're not raising rates.”

“Biden and Powell are going to go down as the worst President and Fed chair of all time.”

“And I think that we have proven a willingness to print capital and money. And so if you put those two things together, I think there could be a real possibility that Powell becomes very accommodative. And, you know, he and Biden and the entire administration c…”

“The macro trade of just being long, everything is going away. The micro trade of security analytics, hedge fund investing, looking for strategies that reduce volatility, or have some level of non-correlation will come back into vogue. And so, for me, I think t…”