Watch Jay Powell This Sunday on 60 Minutes!
Let’s hope he is more coherent than he was at the podium last Wednesday.
Highlights
• Déjà vu: Troubles brewing in the CRE space similar to early 1990s
• Chinese overcapacity to trump Houthi rebels in the inflation battle
• Despite the beat, the ISM prints its 15th straight month of contraction
• What exactly did Powell say?
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