Mr. Powell didn’t need to put on a fine suit today for the FOMC press conference. He would’ve worn his lovely dovish costume instead. Dude just showed up to pump the market for himself, his buddies and the administration. Now come Friday he‘ll attempt at to work this pump back down just so he could save face. Just another day of the Fed using the opportunity avail to them to say “to hell with the dollar”.

We just have to wait to see how weak they want the dollar to be, how high they want inflation & this market to get before been satisfied with burning it all down to the ground. ⏱️