Biden Meets with Powell, from “TINA” to “TARA,” and is the Consumer Confident? 5/31/22

President Biden meets with Fed Chair Powell for the fourth time since he took office to discuss how to tamp down inflation--this after the President laid out his plan to fight rising costs in an op-ed over the long weekend, which includes not meddling with the Fed. But what can actually be accomplished? We discuss. Forget the “TINA” trade, the new kid on the block is “TARA,” according to one strategist. Why he says there ARE alternatives to stocks out there and where he’s buying. Plus, the CEO of the Conference Board joins us on the heels of May’s Consumer Confidence print—we dig into the softening spending outlook and the surprising areas where Americans are cutting back. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.