Attention Economy


Monday, January 24, 2022

Should Stock Markets Bet on a 'Powell Put'?

Sorry, Stock Traders, the Fed Won’t Have Your Back
https://www.bloomberg.com/opinion/articles/2022-01-24/sorry-stock-traders-the-fed-won-t-have-your-back
 
Wall Street's Big Payday Makes the Fed's Job Harder
https://www.bloomberg.com/opinion/articles/2022-01-23/wall-street-s-big-payday-makes-the-federal-reserve-s-job-harder
 
My take:
https://thehill.com/opinion/finance/587953-can-the-federal-reserve-engineer-a-soft-landing-for-the-us-economy
The Fed needs to clarify to market participants that its primary mandate is centered on ensuring price stability and maintaining full employment, and that it is not obligated to perennially pursue ultra-easy monetary policy to aid financial markets and keep Wall Street happy.