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Joseph Wang & Mark Yusko: Week In Review: SBF, Powell, and Jobs | Weekly Roundup

Inflection Point

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Is the Inflation Moderating?

Mark O'Mara: It doesn't look like inflation is moderating so far, even though the market is very happy. He says Jerome Powell has been Dr. Jekyll and Mr. Hyde for a while. The back and forth between dove and hawk is really hard to manage, he says. And it's because of the gamification of markets and the social mediaization of markets, coupled with this hedger's hedge, right? "It's one of the, one of the Greeks."

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