Nicholas Jasinski

[ArtButMakeItSports @ArtButSports]

Cast of Laocoön and his Sons (Roman version of a lost Greek original), 100BC-50AD

[Paul R. La Monica @LaMonicaBuzz]

Question from @NickJasinski4 from @barronsonline for Powell about addressing uncertainty. Powell says we now have good economy and inflation coming down. Acknowledges people still feeling effects of that but wouldn't compare now to financial crisis given good economy.

[New York Metro Weather @nymetrowx]

🥶 Here comes the cold!!

[Nicholas Jasinski @NickJasinski4]

Find all of my coverage from #JacksonHole2024 in this weekend's @barronsonline: https://t.co/bYtfER5rKB

[Nicholas Jasinski @NickJasinski4]

The view of the Grand Teton mountain range from the Federal Reserve’s Jackson Hole Monetary Policy Symposium was obstructed by wildfire smoke this morning, but Jerome Powell’s message was crystal clear: Expect an interest-rate cut in September.
https://t.co/bYtfER4TV3

[Nicholas Jasinski @NickJasinski4]

Compared with Friday:

[Nicholas Jasinski @NickJasinski4]

“The time has come for policy to adjust,” Fed chair Jerome Powell said in his Friday morning keynote address at the Jackson Hole Monetary Policy Symposium. It all but confirms market expectations that the Fed will cut interest rates in September.
https://t.co/xeRUpS0wJk

[Nicholas Jasinski @NickJasinski4]

Powell defended the Fed’s 2021 contention that inflation would automatically recede as the pandemic faded. “The good ship Transitory was a crowded one, with most mainstream analysts and advanced-economy central bankers on board,” Powell said Friday.
https://t.co/xJiNFUzz0x

[Nicholas Jasinski @NickJasinski4]

With a September rate cut all but assured, the debate is shifting to what the rest of the cycle will look like. Will the Federal Reserve lower rates to rescue the economy from a recession, or merely normalize them in a soft landing?
In @barronsonline: https://t.co/LmA0ItX7Lh

[Nicholas Jasinski @NickJasinski4]

Softer than expected July jobs report: +114,000 nonfarm payrolls and a two-tenths increase in the unemployment rate to 4.3%

[Nicholas Jasinski @NickJasinski4]

@EconClubNY Thanks for the post. I’m @NickJasinski4

[Nicholas Jasinski @NickJasinski4]

Think of the Federal Reserve’s policy stance as higher for longer than almost anyone anticipated, because the U.S. economy has been stronger for longer than almost anyone imagined. The Fed won't cut in 2024.
In this weekend's @barronsonline: https://t.co/VilZU45Uvd

[Paul R. La Monica @LaMonicaBuzz]

Question from @NickJasinski4 of @barronsonline about concerns regarding divergent central bank policies around the globe. Powell notes US has luxury of stronger growth than other economies. So Fed can be patient regarding rate cuts. Others may not be. Markets pricing this in.

[Barron's @barronsonline]

The story that investors are telling themselves has changed, and the stocks that rise most are changing with it. But one thing has stayed the same: It’s still a bull market. In this issue: https://t.co/u6ZU7MLzok

[Nicholas Jasinski @NickJasinski4]

Bull market rules apply until proven otherwise. The S&P 493 > the Mag 7.
In @barronsonline: https://t.co/QCJdA8xlJa

[Nicholas Jasinski @NickJasinski4]

What makes Disney stock $DIS the happiest investment on Earth, in @barronsonline: https://t.co/tysHh4pWqC