Summary
[Legendary trader Tudor Jones: The Fed’s traditional economic view of focusing on employment has been subverted]Legendary trader Tudor Jones said in an interview with CNBC that although inflation and financial stability are increasingly worrying, the Fed is focused on unemployment. The problem has overturned the traditional economic view. He said that inflation risks are not temporary. If the Fed says that the U.S. economy is on the right path, it will fully bet on inflation-themed transactions; if they correct their practices, there will be a panic, a fall in fixed income assets, and a correction in the stock market. Jones said, “I think this meeting will be the most important meeting in the career of Fed Chairman Powell.” (Golden Ten Data)
In an interview with CNBC, legendary trader Tudor Jones said that although inflation and financial stability are increasingly worrying,MidlandChu Yixin focused on unemployment, subverting traditional economic views. He said that inflation risks are not temporary.in caseMidlandChu said the U.S. economy is on the right path and will fully bet on inflationthemeIf they correct their practices, there will be downsize panics, fixed income assets will fall, and the stock market will pull back.Jones said, “I think this meeting will beMidlandThe most important meeting in President Powell’s career. ”
(Source: Golden Ten Data)
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