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This weekend we discussed the possibility of Fed Chair Jerome Powell doing a 180 in today's testimony before the Senate Committee on Banking, Housing, and Urban Affairs.

\n\n

Well, his performance so far has exceeded our wildest expectations: Powell has done not just one “180” but a series. A whole pirouette, if you will.

\n\n

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This weekend we discussed the possibility of Fed Chair Jerome Powell doing a 180 in today's testimony before the Senate Committee on Banking, Housing, and Urban Affairs.

\n\n

Well, his performance so far has exceeded our wildest expectations: Powell has done not just one “180” but a series. A whole pirouette, if you will.

\n\n

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This weekend we discussed the possibility of Fed Chair Jerome Powell doing a 180 in today's testimony before the Senate Committee on Banking, Housing, and Urban Affairs.

\n\n

Well, his performance so far has exceeded our wildest expectations: Powell has done not just one “180” but a series. A whole pirouette, if you will.

\n\n

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The Powell Pirouette.

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