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. On our website there is an embedded video above and an audio player at the bottom of the page 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 —————– CHAPTERS —————– 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 ——————— LEARN MORE ——————— 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. —————————— JOIN THE MADNESS —————————— Share your thoughts with a comment on the YouTube Channel and hit the SUBSCRIBE button while you are there! 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. —————————— CONNECT WITH US ——————————