Powell Weighs in on Stimulus; Risks of Overdoing it are Smaller

I guess the market no longer hangs on every word of Fed Chair Jerome Powell. On Tuesday he re-re-iterated the importance of additional fiscal stimulus and noted that he thinks the “risk of overdoing it” are smaller than underdoing it. And on Wednesday, President Trump effectively killed the fiscal stimulus bill. Well, put it into a short-lived coma may be the more appropriate way to put it. I encourage you to see what my colleague Tom Block has to say on this. See page 9.

This week the F...

Finish reading this report for free

Enter your email and we’ll send the paywall-free link directly to your inbox

In addition to your unlocked report, you will receive our weekly market newsletter FSI Snapshot, as well as occasional updates and offers from FS Insight. You can unsubscribe at any time. For more information, see our privacy policy.

Get unlimited access to Tom Lee’s Fundstrat research Subscribe
Already a member? Log in
Disclosures (show)

Sign in to read the report!

We’ve detected that you have an active subscription!

Ray: 762896-8f6187-eb4926-f506a5-43e21b

Events

Trending tickers in our research

// // // //