This Fed is completely detached from reality. Market weakness is already baked in. Theyre driving blind! James E. Thorne @DrJStrategy
Average Hourly Work Week.
Leading Indicator!!!
Only time lower GFC!
Powell said today the labor market showed no signs of weakness.
FFR = 4.33% and Fed still doing QT!!
r*=2.75%
Powells Fed is living in an alternate universe.