The Fed needs to talk tough. They need the credibility especially when they have a new leader who needs to prove he is impartial and independent. That will allow them to cut rates, do QE or even yield curve control down the road. Especially if the necessary data allowing that filters in. It’s all part of the politics they play.

Longbridge - Captain's Watch
Captain's Watch

☕️ [Task Coins Giveaway] Daily Market Talk — Oil Surges Into CPI Night

The big week opened rough. Oil spiked as Trump reimposed a Hormuz blockade and floated a 20% transit fee, dragging chips and the Nasdaq lower. Now the real test arrives tonight: US June CPI lands at t...

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