Cometh the Hour, Cometh the J

Step forward Jerome Powell! This is your big moment. Today he will begin his Humphrey-Hawkins Testimony (as it used to be known by those of us a little long in the tooth) - and much speculation mounts... oh no wait a minute. Not much speculation mounts at all. He was on Yellen's Fed, won't he just continue the hiking cycle that Janet put in place? Remarkably little is expected of the man that Donald Trump put into place. It doesn't seem that long ago that Larry Summers and his Secular Stagnation were a shoo-in for the . . .

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