Powell testifies, Biden budget and 49/49 Senate

This coming  week there will be two big events in Washington that could impact markets – Powell's testimony and Biden’s FY 2024 budget.  Undoubtedly the most important for investors is the semi-annual Congressional testimony by Fed Chair Jay Powell.  Since the Fed’s current fight against inflation first began Chair Powell at his post-meeting press conferences and in other speeches has emphasized how rate decisions will be data driven.  As the Chair appears before Congr...

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