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Filtering by entity: Wall Street Journal | Clear Filter
Summary:The post details the author's refutation of a Wall Street Journal story that stated Secretary of the Treasury Scott Bessent explained the negative market impact of firing Jerome Powell. The author asserts his superior understanding of market dynamics and credits himself for the current record high market, while labeling Jerome Powell as the "Worst Federal Reserve Chairman in History." The author concludes by stating that he is the one who explains to others.
Sentiment:Vindicative
Key Claims:
- The Wall Street Journal ran an untruthful story.
- The untruthful story claimed Scott Bessent explained to the author that firing Jerome Powell would be bad for the Market.
- The author did not need this explanation because he knows better than anyone what is good for the Market and the U.S.A.
- If not for the author, the Market would not be at record highs and would have crashed.
- Jerome “Too Late” Powell is the Worst Federal Reserve Chairman in History.
- People do not explain things to the author; the author explains to them.
Potential Market Impact (S&P 500):2/10
Potential Geopolitical Risk:0/10
Potential Global Cross-Asset Impact:2/10
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