If you have got to deliver devastating news, you might as well do it in one of the most beautiful places on Earth, right? At the annual meeting of the Kansas City Federal Reserve in Jackson Hole, Wyoming, Federal Reserve Chairman, Jerome Powell, delivered the really, really scary news. In order to reduce inflation, he warned, there will be “pain to households and businesses”. And, the stock market took a dive.
Joe “the buck stops with me” Biden had to talk about the August jobs report today. That jobs report was a train wreck.
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