Fed Trims Rates: Powell’s Presser Looms Like a Storm Cloud ☔️💸

As expected-for we live in an age of expectations, not surprises-the Fed has also decided to wind down its “quantitative tightening” charade on December 1. How quaint. 🎭 Meanwhile, the labor market, that great barometer of human misery, has slowed its relentless march, with unemployment creeping up like an unwelcome guest at a dinner party. 🍷👻






