"The Federal Reserve, as one writer put it after the recent increase in the discount rate, is in the position of the chaperone who has ordered the punch bowl removed just when the party was really warming up.”
William McChesney Martin, Chairman, Federal Reserve, October 1955
"We're not even thinking about thinking about the consequences of our actions."
Jerome Powell, Chairman, Federal Reserve, June 2020
Stocks were mixed again as the big cap techs weighed on the equity market.
The dollar slipped a little lower.
Gold and silver rallied back after some early selling pressure.
Have a pleasant evening.
