Early Morning with Dave

Early Morning with Dave

Powell Offered Nothing New

Despite how markets reacted

David Rosenberg's avatar
David Rosenberg
Oct 01, 2024
∙ Paid
2
Share

Highlights

  • Powell didn’t offer up anything new in yesterday’s speech, yet markets react as if he had

  • Jobs data (JOLTS today; NFP Friday) are key for the Fed’s next rate decision

  • Strong disinflation momentum continues

  • U.S. consumers affected by lingering financial stress

Keep reading with a 7-day free trial

Subscribe to Early Morning with Dave to keep reading this post and get 7 days of free access to the full post archives.

Already a paid subscriber? Sign in
© 2025 Rosenberg Research
Privacy ∙ Terms ∙ Collection notice
Start writingGet the app
Substack is the home for great culture