$Powell(POWL)$ It is important that Chair Powell holds the line, despite the almost weekly Presidential gaslighting, like when he called him Mr Too Late and a stiff. Without a neutral Fed, the dollar will diminish negating any fiscal benefit from the tarrifs. I suspect that the tarrifs are a lot more to do with the USA not becoming the worlds doormat and the continuation of US hegemony than any short term fiscal benefit.
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