About this episode
At last, Jerome "Too Late" Powell is signaling rate cuts for September. After months of resisting, the Fed is finally bending — and markets exploded on the news. In this episode, I break down Powell’s surprising pivot, why the Fed is prioritizing jobs over inflation, and what happens to financial markets now (spoiler alert: up only). 0:00 Intro 0:39 Jerome Powell hints that rate cuts are coming in September 3:29 The labor market is now more important than inflation 6:27 The market rally starts now Listen to From the Desk of Anthony Pompliano on: Apple Podcasts: https://podcasts.apple.com/us/podcast/from-the-desk-of-anthony-pompliano/id1819778503 Spotify: https://open.spotify.com/show/1THAGnR1Xt1WDUn1CCTh1D Pomp writes a daily letter to over 265,000+ investors about business, technology, and finance. He breaks down complex topics into easy-to-understand language while sharing opinions on various aspects of each industry. You can subscribe at: http://pompletter.com Join 600K+ subscribers on my main channel: https://pompyoutube.com/ Follow Pomp on social media: Twitter: https://twitter.com/APompliano Instagram: https://www.instagram.com/pompglobal/ LinkedIn: https://www.linkedin.com/in/anthonypompliano/ #AnthonyPompliano #FromtheDesk #marketnews