POWELL'S ECONOMIC FANTASY UNMASKED $BTC
Forget the spin. Powell paints a picture of a "solid foundation" for the U.S. economy. Unemployment is "stabilizing." Consumer spending is strong. Business investment is climbing. This is the narrative. But dig deeper. Housing is weak. Job growth is slowing. The labor force is shrinking. Core inflation is creeping up to 3%. Government shutdown impacts are expected to "magically vanish." Wages and vacancies are barely moving. Is this stabilization or a fed-spun illusion? Powell calls policy "adequate." Dual goals are a balancing act over a canyon. Some cheer mastery. Others see a dangerous disconnect. Swallow this narrative and you'll wonder how "stable" feels when bills arrive. Walking on solid ground or Fed-sprayed ice?
Disclaimer: Not financial advice.
