McCullough: Fed’s Powell Remains ‘Full of Sh*t’

Fed Chairman (for now) Jay Powell’s latest press conference was, once again, underwhelming—just as Hedgeye CEO Keith McCullough calls it in this clip from “The Macro Show.” With every passing day, it becomes more obvious: the Federal Reserve is either ignorant or outright lying about inflation.

"He's full of sh*t," McCullough says.

"What he really cares about is spinning [information]. And they're always trying to spin it as right."

"It's getting worse. It's more of a clown show than it's ever been. And we know what to do with it: front-run the next print."

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