This week will feature Fed boss Powell on Tuesday and Wednesday on Capitol Hill for semi-annual testimony.
"This is kind of how the market traded last year. It seems we're back on that path now that the Fed's terminal rate and what the Fed is going to do is back in the forefront," he said.
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What stock-market investors want to hear when Fed's Powell testifies before Congress this weekA modest U.S. stock-market recovery from last year’s carnage will be again put to the test this week, as investors closely watch Powell’s testimony to... That he is done raising rates and killing American interest. Fuck what stock market investors want. Heres what home owners want Powell to say 'guilty' Doesn’t matter what they want, they will be getting a massive bloodbath and continuing crash.
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