Only a central banker could spin this as a 'strong economy'

By Herman James / May 18, 2022 / marketsanity.com / Article Link

Market Sanity - Twitter, Released on 5/18/22

Powell made the comments in an interview with the WSJ earlier this week (watch it here)

Jerome Powell said Tuesday that this is a "strong economy"

Notice how the U.S. consumer discretion ETF, XLY, peaked 6 months ago and has been plummeting ever since.

Only a central banker could spin this as a "strong economy"#inflation @PeterSchiff pic.twitter.com/ZaWtL7ZxHe

- Market Sanity (@MarketSanity) May 18, 2022

Only a central banker could spin this as a 'strong economy' added by Herman James on 05/19/2022View all posts by Herman James ?+'

Recent News

Market still expecting strong growth for major gold producers

July 27, 2026 / www.canadianminingreport.com

Newmont starts Q2/26 strong, growth expected for gold majors

July 27, 2026 / www.canadianminingreport.com

Gold not the consensus play anymore

July 20, 2026 / www.canadianminingreport.com

Gold stocks drop to lowest levels this year

July 20, 2026 / www.canadianminingreport.com

A rebalancing of gold's ratios versus major commodities

July 14, 2026 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok