34. Fed fireworks fizzle as Jerome Powell sends mixed messages

 

SEASON 01 – EPISODE 29

Welcome back to Milkshakes, Markets, & Madness where we invite you to share a laugh with us each week as we discuss our favorite Twitter tantrums and the madness of financial markets.

If you are new to the show please read the LEARN MORE section which follows the show description and chapter timestamps further below.

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FED FIREWORKS FIZZLE

Fed Chairman Jerome Powell is sending mixed messages to investors as the bull market refuses to give up.

Meanwhile, anyone hoping for financial fireworks heading into the long July 4th weekend was disappointed, including Brent and his fellow bears.

Does this mean violently sideways is turning into boringly sideways, or will markets “Make Volatility Great Again” in the back-half of 2023?

The Milkshakes Duo cook up some hot takes for you to enjoy during the holiday weekend.

Learn more on the latest Milkshakes, Markets, and Madness Show.
https://youtu.be/RLdmzZcCX4E


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CHAPTERS
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00:00 – Title screen

00:05 – Episode overview

02:26 – Disclaimer

02:11 – Video intro (5 seconds)

02:16 – Brent in Orlando

03:42 – Mickey Mouse markets

06:04 – Interpreting The Fed

12:21 – Boringly sideways

15:36 – Brent’s case for a pullback

20:37 – Milkshakes and new all-time highs

24:50 – The new zero paradigm

28:07 – Grading Powell

29:58 – Twitter chess masters solve the coup

33:33 – The PRICKS

33:57 – What happens next

34:53 – Salutations

35:37 – Outro

35:49 – Disclaimer


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LEARN MORE
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Every week, Brent Johnson and Jon Kutsmeda invite you to share a laugh at their favorite Twitter tantrums, and the madness of financial markets.

If you are tired of drawn out, jargon filled, boring financial podcasts, then tune in for Milkshakes, Markets, & Madness to enjoy the lighter side and off-topic discussions that include sports, politics, memes, travel, and whatever fun they find during the week.

For anyone who is unfamiliar with our hosts, or new to the Dollar Milkshake Theory, please visit the About Us section of this website for additional links that help explain it all.


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JOIN THE MADNESS
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Join us each week for another episode, released every Saturday morning Eastern Standard Time.

Until then, don’t be bashful, share with us any madness you come across during the week.


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CONNECT WITH US
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