Support the Wall Street Examiner! Choose your level of support to receive a free proprietary report as my thanks. Click the button below to see your options. Become a Patron!

Powell Cites Trade Risks As Reason For Rate Cuts Despite Solid US Economy

This is a syndicated repost courtesy of Confounded Interest. To view original, click here. Reposted with permission.

Federal Reserve Chair Jerome Powell gave his reasoning upcoming rate cuts despite a solid US economy. The trade war with China.

Liquidity moves markets!

Follow the money. Find the profits! 

To be sure, the Citi Economic Surprise Index – Global has been in negative territory since the beginning of 2018, the longest stretch of negative readings since 2014. But there were negative patches prior to 2017 before the twin bursts of positive readings.


On the other hand, the Citi Macro Risk Index is actually declining.


And the VIX, TYVIX and MOVE indices are tame.


I could see Powell pushing for rate cuts if the Macro Risk index was at 2015 levels, but lower than average macro risk?

The Powell Scowl.



Wall Street Examiner Disclosure:Lee Adler, The Wall Street Examiner reposts third party content with the permission of the publisher. I curate posts here on the basis of whether they represent an interesting and logical point of view, that may or may not agree with my own views. Some of the content includes the original publisher's promotional messages. I may receive promotional consideration on a contingent basis, when paid subscriptions result. The opinions expressed in these reposts are not those of the Wall Street Examiner or Lee Adler, unless authored by me, under my byline. No endorsement of third party content is either expressed or implied by posting the content. Do your own due diligence when considering the offerings of information providers.

Try Lee Adler's Technical Trader risk free for 90 days! Follow the money. Find the profits!

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.