'Hawk On A Wire' Stock Market (And Sentiment Results)...

Thomas J. Hayes profile picture
Thomas J. Hayes


  • On Wednesday we got a de-clawed hawk in Chairman Powell and he treaded carefully.
  • For the first time, Powell acknowledged we are in a dis-inflationary environment and goods inflation is coming down fast.
  • In my view, the most important quote of the press conference was, “you saw what the Bank of Canada did”.
Beautiful shot of a hawk sitting on a wooden post and scratching its ear

Wirestock/iStock via Getty Images

On Wednesday we got a de-clawed hawk in Chairman Powell and he treaded carefully. It was as if he was a hawk on barbed wire knowing if he swayed too far to either side he would get cut. For the first time

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Thomas J. Hayes profile picture
Tom Hayes is Founder, Chairman and Managing Member of Great Hill Capital, LLC (a long/short equity manager based in New York City). He started Hedge Fund Tips as a platform to share actionable insights, tips and research for investors/traders to benefit from – based on what he has learned in his years of experience in the Hedge Fund industry.Read Tom's bio here: https://www.hedgefundtips.com/about-tj-hayes/ To get our Free Newsletter go to: https://www.hedgefundtips.com/free

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.

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