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Powell Put? I heard a story on the radio today while driving around, probably Bloomberg, that …

Powell Put? I heard a story on the radio today while driving around, probably Bloomberg, that suggested that the Fed would hold off on rate hikes if there was a drop in the equity markets. I thought this was a comment from GS or JPM. I can't find any reference to the comment tonight. My impression of the comment was that the Fed, through GS or JPM, was trying to deliver a message to the markets that they will hold up the equity markets, ie a Powell Put. Have you heard anything like this? Or, am I just imaging things? It spooked me. Thanks

8 Responses

  • SaratogaBob

    Dec 27, 2017

    Powell Put? I heard a story on the radio today while driving around, probably Bloomberg, that suggested that the Fed would hold off on rate hikes if there was a drop in the equity markets. I thought this was a comment from GS or JPM. I can't find any reference to the comment tonight. My impression of the comment was that the Fed, through GS or JPM, was trying to deliver a message to the markets that they will hold up the equity markets, ie a Powell Put. Have you heard anything like this? Or, am I just imaging things? It spooked me. Thanks

  • Mike Mish Shedlock

    Dec 27, 2017

    There was a Greenspan Put, a Bernanke PUT, and a Yellen PUT - We had a dotcom crash under Greenspan and a housing crash under Bernanke. Implied PUTs don't work when attitudes change.

  • SaratogaBob

    Dec 28, 2017

    Thanks

  • TFMKTS

    Dec 29, 2017

    Yellen made it through unscathed :) draghi too

  • Maximus_Minimus

    Jan 2, 2018

    While the above messieurs did not prevent a market crash, it didn't prevent them from royally screwing responsible, prudent people, either.

  • Staaycalm

    Jan 27, 2018

    Bottom 90% always comes out a little roughed up. Who will be their champion?

  • SaratogaBob

    Feb 9, 2018

    Some of the pundits were expecting the new Fed Chair to get "tested" soon after taking office.

  • SaratogaBob

    Feb 9, 2018

    Yesterday two Fed Govs were out talking, and they seemed to be holding the position that 3 or 4 rate hikes are still on the table despite the volatility in equities. Did anyone see any evidence that the Fed was meddling in the markets today? It was quite a bounce off the lows today.

  • ankit941

    Feb 15, 2018

    As we know in the series of the windows that http://mycomputerwindows10.com launched by the Microsoft everything stable at very perfect place and we can see the example in the form of the this pc.

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