RIA Advice/Michael Liebowitz/3-8-2023
“The big question facing the Fed is whether they should increase the Fed Funds rate by 25bps or 50bps on March 22, 2023. If Jerome Powell cared for our advice, we would tell him to take the opposite approach of President Theodore Roosevelt. Speak loudly because your stick isn’t that big anymore.”
USAGOLD note: Patience with the Fed is beginning to wear thin as is its market clout……
