To The Moon

When I look back at Jerome Powell's tenure, I think he handled one of the most volatile economic periods in modern history with more steadiness than he gets credit for. From the pandemic shock to the inflation spike, he walked a very narrow path, and despite all the political noise, the U.S. ultimately avoided the recession almost everyone expected. I would rate his performance as "pragmatic but imperfect" — he was slow at certain points, but he delivered a soft landing that many global central banks couldn't achieve. That said, I fully understand why Powell never enjoyed strong public approval. High rates hit consumers, homeowners, and businesses in ways that feel very real, and the everyday cost of living still doesn't feel "normal." The criticism from Trump's circle only intensified tha

When it comes to clues about the next Federal Reserve Chair, the latest signal didn’t come from insiders or leaks — it came from the one person who never minds sending signals himself: Donald Trump.In a recent appearance, Trump said he would announce his pick for the next Fed Chair “early next year.” He didn’t spell it out, but markets took it as a strong hint toward Kevin Hassett — the current NEC Director and a long-time advocate of aggressive rate cuts, who has quickly become the frontrunner in public speculation.Meanwhile, current Fed Chair Jerome Powell’s term runs until May 2026.This makes it a fitting moment to look back:How did Powell actually perform during one of the most turbulent periods in modern economic history?Why are reviews of him always “mixed but respectable”?And if Kev

When it comes to clues about the next Federal Reserve Chair, the latest signal didn’t come from insiders or leaks — it came from the one person who never minds sending signals himself: Donald Trump.In a recent appearance, Trump said he would announce his pick for the next Fed Chair “early next year.” He didn’t spell it out, but markets took it as a strong hint toward Kevin Hassett — the current NEC Director and a long-time advocate of aggressive rate cuts, who has quickly become the frontrunner in public speculation.Meanwhile, current Fed Chair Jerome Powell’s term runs until May 2026.This makes it a fitting moment to look back:How did Powell actually perform during one of the most turbulent periods in modern economic history?Why are reviews of him always “mixed but respectable”?And if Kev

When I look back at Jerome Powell's tenure, I think he handled one of the most volatile economic periods in modern history with more steadiness than he gets credit for. From the pandemic shock to the inflation spike, he walked a very narrow path, and despite all the political noise, the U.S. ultimately avoided the recession almost everyone expected. I would rate his performance as "pragmatic but imperfect" — he was slow at certain points, but he delivered a soft landing that many global central banks couldn't achieve. That said, I fully understand why Powell never enjoyed strong public approval. High rates hit consumers, homeowners, and businesses in ways that feel very real, and the everyday cost of living still doesn't feel "normal." The criticism from Trump's circle only intensified tha