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06-25-22: Bullard calms, Consumers got qualms

Published 3 years, 11 months ago
Description

This week in the China Shop, Fed testimony and inflation revisions help add to the relief rally, while JPM predicts another 7% increase in equities ahead of EOM rebalancing. In Stock News, a ban on MO's Juul brand is paused for appeal and Kellog's announce a split into 3 separate companies. Over in the Crypto Corner, the Fed struggles to understand the SEC's decision on digital assets, while mining activity falls following the drop in values. With only one week left in this month's bet, a side bet makes things interesting, and Dan follows up with the long-awaited strip club interview.

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Links:

Fed Speakers Ease Inflation Worries

Consumer Sentiment Survey Shows Inflation Expectations Eased

Falling Copper Prices Indicating More Economic Trouble?

JPM Predicting 7% Increase in Equities Next Week

FDA Jull Ban Blocked

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