If Even The Fed Chairman Can Sense It...

By Jeffrey P. Snider of Eurodollar University

Chief Investment Strategist • Dec 1, 2022 at 6:45 AM EST

Even before Jay Powell's remarks, the economic situation was shown to have deteriorated here and abroad. A couple of American job reports indicate layoffs and further looming setbacks.

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Even before Jay Powell's remarks today, the economic situation was shown to have deteriorated here and abroad. A couple of American job reports indicate layoffs and further looming setbacks. Meanwhile, China's economy is suffering a lot more than lockdowns and protests. No wonder Powell turned "dovish."

Video Length: 00:20:41

More By This Author:

The Fed's Very Own Data Indicates It's Over
Xi's Inhumane Lockdowns And The Unrest They've Provoked Point To Much Deeper Troubles.
Major 'Unexpected' Issues Just Like The Last Time In '18.

Disclosure:

This material has been distributed for informational purposes only. It is the opinion of the author and should not be considered as investment advice or a recommendation of any particular security, strategy, or investment product. Investments involve risk and you can lose money. Past investing and economic performance is not indicative of future performance. Alhambra Investment Partners, LLC expressly disclaims all liability in respect to actions taken based on all of the information in this writing. If an investor does not understand the risks associated with certain securities, he/she should seek the advice of an independent adviser.

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